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Avio: sale of aeroengine business to General Electric finalized

Rivalta di Torino, Italy - To Nuovo Pignone Holding SpA

Avio SpA’s Business Unit responsible for the design, development and construction of accessory drive gearbox and power transmissions, low pressure turbines, combustors, postcombustors, subsystems, and for MRO and CRO services for civil and military aeronautical engines, was sold yesterday to Nuovo Pignone Holding SpA (General Electric Group) to become an integral part of GE Aviation’s business. Avio SpA...

fra/pec - 1154468
Rome, Italy, 08/02/2013 11:00
AVIONEWS - World Aeronautical Press Agency

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