PPRuNe Forums - View Single Post - Cobham sells special mission business unit.
Old 3rd Aug 2022, 06:52
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regional_flyer
 
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Originally Posted by Alice Kiwican View Post
Seems to me that with this sale and the recent sale of the FIFO business to Rex, Cobham are exiting the Australian aviation scene
Advent International bought Cobham plc (the UK parent company) a few years ago, and the intention for the Australian business units was always to split them up and sell them off. The sale of Special Mission is purely the third and final step in the process, after the NJE sale to Rex and NJS going to QF a couple of years ago.

Originally Posted by ebt View Post
That was always the plan once Cobham was acquired by a US private equity firm back in 2020.
​​​​​​​Great minds!
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