Kongsberg acquires AIM Norway
Kongsberg Defence and Aerospace has completed the acquisition of Aerospace Industrial Maintenance (AIM) Norway, Kongsberg announced on 29 May.
The company announced in December 2018 an agreement with the Norwegian Ministry of Defence to buy AIM, the Norwegian armed force’s business for maintenance, repair and overhaul of aircraft and helicopters.
Kongsberg also completed its agreement with Patria for a shared ownership. Kongsberg is the majority shareholder with 50.1% ownership and Patria with 49.9%.
According to the company, the acquisition is a major step in consolidating the Norwegian industry’s competence and capability for military aircraft and helicopter maintenance. It will also strengthen Kongsberg’s role as a strategic partner for the Norwegian armed forces, both as a supplier of equipment and for maintenance.
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