MAG Agrees to Acquire Sepang Aircraft Engineering

Malaysia Aviation Group has agreed to acquire Airbus unit Sepang Aircraft Engineering to strengthen its maintenance capabilities. The transaction is targeted for completion in 2027.

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The logo of Airbus is picuted at the Airbus facility in Montoir-de-Bretagne near Saint-Nazaire, France, March 4, 2022. REUTERS/Stephane Mahe

Malaysia Aviation Group signed an agreement on Thursday afternoon to acquire Sepang Aircraft Engineering from AIRBUS SE for an undisclosed sum. The deal expands the parent company's engineering and maintenance capabilities.

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