StandardAero acquires Unified Turbines in all-cash deal
Updated
Updated · MarketWatch · May 7
StandardAero acquires Unified Turbines in all-cash deal
13 articles · Updated · MarketWatch · May 7
Financial terms were not disclosed, and StandardAero said the purchase is its 14th acquisition since 2015.
The aerospace engine aftermarket services provider said the deal adds critical engine component repair capabilities to its component repair services segment.
Chief executive Russell Ford said the acquisition expands support for key turboprop platforms across StandardAero's global MRO network; Unified Turbines has been a vendor since 2001.
As MRO giants buy their suppliers, will smaller airlines face higher costs and fewer options for repairing their aging aircraft?
With 14 acquisitions since 2015, is StandardAero building an industry titan or a company too complex to manage effectively?
Can buying small repair shops solve the aerospace industry's massive technician shortage and crippling supply chain woes?