TurbineAero, Inc. Announces Acquisition of APU Piece Part Repair Business from the Triumph Group

TurbineAero Repair-Asia, APU Operations Team (Photo: Business Wire).

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TurbineAero, 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.

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The acquisition of this business segment 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.

Effective immediately, 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 our worldwide customers, including APU MRO, LRUs and APU part repair.

"We are delighted to add the APU piece part repair technology to our existing APU Systems MRO capabilities. This acquisition emphasizes our focus on APU MRO and enables us to provide increased value-added services to our worldwide customer base," said Peter Gille, Vice President and General Manager of TurbineAero Repair-Asia. "The acquisition highlights the growth TurbineAero has witnessed over the last two years and confirms the development of the aerospace industry in Thailand, where we are privileged to be included."

"We are excited to conclude the acquisition of the APU piece part repair product line from the Triumph Group. 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 Robert Wilson, CEO TurbineAero Inc.