Business
Welsh aviation firm AerFin bought in £475m deal
The company, which was majority owned by a private equity firm, said it was beginning a "new chapter".
BBC Business•
A Newport aviation company, that has grown into a global supplier of aircraft engines, parts and maintenance services, has been bought in a deal worth about £475m.
Japanese firm ORIX Aviation has agreed to acquire AerFin, which employs more than 230 people and operates from sites in the UK and around the world.
Founded by Bob James, AerFin has developed from a south Wales business into a global aviation aftermarket specialist.
"This is a defining moment in AerFin's story and the beginning of an exciting new chapter," said Goodson.