GKN plc completes Volvo Aero acquisition

Volvo Aero designs, engineers and manufactures components and sub-assemblies for aircraft engine turbines, and supplies all the major aero engine manufacturers. It employs 3,000 people based in Sweden, Norway and the USA.

“The combination of GKN Aerospace and Volvo Aero creates a world leader in both aero structures and aero engine components,” GKN said in a press release. “Within aero engines, GKN’s composite leadership and Volvo Aero’s strong metallic technology together provide a unique offering to customers who are focused on lightweight, high performance engine solutions. “