British aerospace and automotive manufacturer, GKN has announced plans to acquire the Dutch aerostructures company Fokker Technologies for €706m (US$776m).
This deal will consolidate GKN – and place it in a strong position in the aerospace industry – as the number two supplier for parts and components worldwide. GKN currently generates the majority of its profits from automotive parts, however with the new acquisition, it will become a major supplier of large aerospace projects, such as…
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