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Wood Group announces disposal of US-based Turbopower

Thursday, April 5, 2012
  • The gross assets of the business disposed were $18.7m.

Wood Group today announces the sale of its US-based aero engine maintenance provider, Wood Group Turbopower LLC to CPR Aerospace, Inc. The business has been reported as discontinuing for several years. The gross assets of the business disposed were $18.7m.

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More

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