PAS Technologies Sells Irish Subsidiary

US-based PAS Technologies (PAS) has finalised the sale of its Cork, Ireland operation, PAS Ire, to Chicago-based private investment firm Knox Capital.

US-based PAS Technologies (PAS) has finalised the sale of its Cork, Ireland operation, PAS Ire, to Chicago-based private investment firm Knox Capital.

PAS Ire provides MRO services for industrial and aerospace gas turbines, including licensed repairs for heavy and light turbines for OEMs, including GE and Rolls-Royce.

Knox Capital also recently acquired Texas-based TRS Services, a component MRO for industrial gas turbines.

PAS Ire and TRS Services are to be formed into TRS Global, with PAS Ire renamed TRS Global Ireland.

TAGS: Europe
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