TURBINEAERO ACQUIRES APU PIECE PART REPAIR BUSINESS FROM TRIUMPH GROUP
KUALA LUMPUR, Jan 16 (Bernama) -- TurbineAero Inc – a portfolio company of The Gores Group – announced today the acquisition of the APU piece part repair product line (RPL) from Triumph Aviation Services Asia Ltd.
The acquisition integrates APU piece part repair into the APU Systems MRO in TurbineAero’s Asia facility which increases in-house capabilities, improves turn-times and assures extra cost reduction, a statement said.
The integration will take place in TurbineAero Asia’s new Thailand-based 80,000 square foot facility which will house up to 250 employees and will handle high technological testing, maintenance, repair and overhaul activities for aircraft components and systems for its worldwide customers.
“This acquisition will further increase our competitive edge and will enable our expanding TurbineAero Thailand team to provide superior MRO service to the growing airline fleet in the region,” said chief executive officer of TurbineAero Inc, Robert Wilson.
Vice president and general manager of TurbineAero Repair-Asia, Peter Gille, said the acquisition highlights the growth TurbineAero has witnessed over the last two years and confirms the development of the aerospace industry in Thailand.
TurbineAero is headquartered in Chandler AZ. It is the leading APU MRO service provider of comprehensive, flexible and reliable solutions to the global aerospace community. More details on www.turbineaero.com.
-- BERNAMA
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