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StandardAero completes acquisition of Signature Aviation s Engine Repair and Overhaul business verticalmag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from verticalmag.com Daily Mail and Mail on Sunday newspapers.
StandardAero to acquire Signature Aviation’s Engine Repair and Overhaul business StandardAero Press Release | February 17, 2021
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StandardAero, a leading provider of maintenance, repair, and overhaul (“MRO”) services, has entered into a definitive agreement to acquire Signature Aviation’s Engine Repair and Overhaul (ERO) business. The transaction is expected to close mid-2021, subject to the receipt of regulatory approvals and the satisfaction of other customary closing conditions.
Like StandardAero, ERO is an engine MRO provider primarily for business jet and rotorcraft platforms made up of the following five entities: Dallas Airmotive, H&S Aviation, W.H. Barrett Turbine Engine Company, International Governor Services (IGS) and International Turbine Service (ITS). ERO is headquartered in Dallas, Texas, with two overhaul facilities (one in Dallas and the other in Portsmouth, England), ten regional turbine centers, one com