NWI Holdings completes asset purchase of Triumph Group’s fabrication business

July 24, 2019

On March 31, 2019, NWI Holdings (“NWI”) and Arlington Capital Partners (“ACP”), and represented by Stony Point Group Inc. (“SPG”), completed their cross-border acquisition of the fabrication business of Triumph Group Inc. (NYSE: TGI).

NWI is affiliated by ownership with both TECT Aerospace and TECT Power. TECT Aerospace is a leading manufacturer of complex aerostructure components, parts and assemblies headquartered in Wichita, Kansas with operations in Park City, KS, Wellington KS, Kent WA and Everett Washington.

Miller Thomson advised SPG and NWI on this transaction with a team led by Kenneth Rosenstein (Financial Services), and including Y. Ken Chun (Corporate/M&A), Kristy Balkwill (Corporate Tax), David Tsai (Labour & Employment), Kim Ozubko (Pensions & Benefits), Jessica Penley (Transactions & Leasing), Bryan Buttigieg (Environmental) and Karen Durell (IP). In addition, Eliane Leal da Silva participated in the transaction as a Business Advisor.