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Dunlop Standard Aerospace Group
Ltd was formed in 1998 from the assets of BTR Aerospace Group
BTR Aerospace Group was renamed by BTR plc after the acquisition of the Dunlop Aviation Division from Dunlop Rubber in 1985.It was a group of four companies:*Standard Aero, in Canada*Dunlop Aviation Division*Aero Engine Equipment*Dunlop Precision Rubber...
when they were purchased by Doughty Hanson & Co
Doughty Hanson & Co is a British private equity fund manager focused on leveraged buyout and recapitalization transactions primarily of upper middle-market companies in Europe...
In 2004 the company was sold and split into two. The Carlyle Group
The Carlyle Group is an American-based global asset management firm, specializing in private equity, based in Washington, D.C. The Carlyle Group operates in four business areas: corporate private equity, real assets, market strategies and fund-of-funds, through its AlpInvest subsidiary...
, a private equity firm, acquired the Standard Aero division, now known as StandardAero.
StandardAero is an aviation maintenance, repair and overhaul company headquartered in Tempe
Tempe is a city in Maricopa County, Arizona, USA, with the Census Bureau reporting a 2010 population of 161,719. The city is named after the Vale of Tempe in Greece. Tempe is located in the East Valley section of metropolitan Phoenix; it is bordered by Phoenix and Guadalupe on the west, Scottsdale...
Arizona ; is a state located in the southwestern region of the United States. It is also part of the western United States and the mountain west. The capital and largest city is Phoenix...
Meggitt plc acquired the Dunlop Aerospace Design and Manufacturing division.