Extract from M&A Insights

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EQT to sell E.I.S. Aircraft Group’s aviation operations business to QinetiQ
April 24, 2018

U.K. defense technology company QinetiQ Group PLC has agreed to acquire E.I.S. Aircraft Operations from Germany's EQT portfolio company E.I.S. Aircraft Group for EUR 70m. In 2017, the unit generated EUR 5.4m in earnings before interest, tax, depreciation and amortization, on EUR 20.1m in revenue.

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