MRO Gears Up To Be An M&A Bright Spot For Years
The MRO (Maintenance, Repair, and Overhaul) sector is experiencing increased merger and acquisition (M&A) activity driven by a surge in commercial passenger numbers, deferred maintenance, and slower-than-expected aircraft manufacturing. This trend is expected to persist for several years, extending beyond pandemic-related reactions. Private equity (PE) investment in aerospace and defence is growing, with notable deals like Apollo Global Management and…