US-based MAG Aerospace (MAG) has acquired Australian company Encore Aviation and its helicopter maintenance business, marking MAG’s first deal this year.
Financial details of the deal were not disclosed.
Encore Aviation is a maintenance organisation that supports Australia’s general aviation.
It provides deployed and homebase engineering and maintenance services to various fixed and rotary wing aviation companies. The company also provides support services to those contracted to Melbourne’s National Aerial Firefighting Centre.
Since its establishment in 2002, the company has an Australian Maintenance Certificate of Approval.
MAG CEO Joe Fluet said: “Encore’s location and existing capabilities gives us the essential tools and positioning in a growing Australian market. This acquisition is critical to MAG’s planned growth in the Asia-Pacific region.”
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By GlobalDataWith the acquisition, MAG Australia will increase its commercial potential while supporting its current customer base and the manned and unmanned intelligence, surveillance and reconnaissance (ISR) services in the Asia-Pacific region.
Last year, MAG acquired US-based engineering and defence solutions company Ausley Associates and Florida-based airborne special missions systems integration firm North American Surveillance Systems.
Founded in 2010, MAG was acquired by New-York based private equity firm New Mountain. The Australian division was established in 2016.
The company provides a complete range of ISR services such as operations, training and aviation services to federal, civilian and commercial organisations worldwide.
