Engine maintenance and repair company Continental Motors Services announced two related acquisitions that will expand its operations into the worldwide turbine-engine sales and service sector.
The Fairhope and Mobile, Alabama-based company, a subsidiary of Beijing’s AVIC International Holding Corp., has acquired United Turbine and UT Aeroparts corporations of Miami, Florida, in a deal that closed Jan. 31.
United Turbine “has been a leader in Pratt and Whitney PT6 overhaul, repair and parts sales since 1991, and employs 26 full-time personnel,” said Continental Motors Services in a news release. "In particular, United Turbine provides turbine aircraft engine and accessory maintenance, repair and overhaul services for U.S. and international markets."
UT Aeroparts specializes in components for Pratt and Whitney PT6A and PT6T engines.
“We believe that United Turbine and UT Aeroparts are the perfect partners to aid Continental Motors in expanding into the turbine market. By combining the skills and capabilities of these companies, we will better serve the needs of the general aviation community,” said Rhett Ross, director of Continental Motors Group and a vice president of AVIC International.
Continental Motors Services described the acquisition as a “strategic opportunity for the Continental Motors Group to expand its MRO offerings worldwide through the complementary combination of the existing Continental Motors Services and United Turbine businesses.”
In 2010, Teledyne Technologies agreed to sell Continental Motors to AVIC International, a holding company established in 1979 with majority ownership held by Aviation Industries of China, for $186 million.