Triumph to buy Canadian machining firm

Aug 15, 2013 | 05:11 PM | Frank Haflich

Tags  Triumph Group Inc., General Donlee Canada Inc., acquisition, aerospace suppliers, Triumph Aerospace Systems Group, Frank Haflich

LOS ANGELES — Aerospace supplier Triumph Group Inc. has agreed to purchase General Donlee Canada Inc. in a $110-million deal that will strengthen the buyer’s machining capability.

Berwyn, Pa.-based Triumph said the addition of Toronto-based General Donlee will add $60 million to annual revenue and be "immediately accretive" to earnings. ....

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