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EU Clears Blackstone, Tinicum's Joint Control of Senior plc, AeroFlow Technologies

MT Newswires·09/16/2026 06:23:15
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06:23 AM EDT, 09/16/2026 (MT Newswires) -- The European Commission on Wednesday approved the planned joint control of Senior plc (SNR.L) and AeroFlow Technologies by Blackstone and Tinicum. Tinicum and Blackstone-managed funds in April launched a takeover offer for London-listed automotive and aircraft parts provider Senior plc and planned to place Tinicum's portfolio company AeroFlow Technologies under common ownership with Senior as part of the acquisition. The regulator concluded that the deal, which relates primarily to aerospace components, would not raise competition concerns due to the companies' limited combined market position resulting from the proposed transaction.