US-based metal coating and non-destructive inspection services provider Magnetic & Penetrant Services has been acquired by Valence Surface Technologies.

Valence is engaged in providing surface treatment and finishing process for aerospace, defence, electronics and medical device sectors.

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"Universal Asset Management will operate as a US subsidiary of ARI, upon completion of the transaction."

The acquisition will allow the company to increase its product offerings.

Aviation services provider Universal Asset Management has been acquired by Hong Kong-based company Aircraft Recycling International (ARI).

Universal Asset Management will operate as a US subsidiary of ARI, upon completion of the transaction.

ARI plans to improve its asset management and aircraft solutions for ageing aircraft through the acquisition.

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Airport Technology Excellence Awards - Nominations Closed

Nominations are now closed for the Airport Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

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OPS1 by TADERA has won the 2025 Product Launch Award in the Safety and Efficiency category for transforming how airports manage operations and safety. Learn how this integrated, GIS driven platform simplifies inspections, maintenance, and SMS compliance while turning operational data into real time, actionable intelligence.

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