A New York investor has taken an aggressive liking to Berwyn aerospace supplier Triumph Group, Inc.
Over the past quarter, Alexander J. Roepers has increased his Atlantic Investment Management stake in the manufacturer tenfold by buying up millions of shares, according to a recent Tech Insider report.
Atlantic is now said to own 3.38 million shares, or 6.5 percent, of Triumph.
Another investor, David Tepper‘s Appaloosa Management LP, has also injected money into the local company, bringing its share total up to 930,900.
Read more about the transactions in Tech Insider’s report here.
Recent Chesco Business Today stories about Triumph Group here and here.
