- 4th October 2019
- Posted by: Manolis
- Category: Mergers & Acquisitions
Global aerospace and defense industry expert Pattonair has expanded its portfolio with the acquisition of aircraft spares company Adams Aviation.
The agreement is the second move in the aerospace industry in the space of a month by Pattonair, the Derby-based provider of innovative supply chain solutions to the global aerospace market.
It follows the company’s US$1.9bn merger with Wesco Aircraft Holdings, significantly expanding its U.S. presence and reinforcing its operations elsewhere in the world.
Both Pattonair and Croydon-based Adams have nearly 50 years of experience in each of their respective industries, with Adams developing into a successful airframe, avionic parts and accessories distributor in Europe.
The acquisition will see the aircraft spares specialist introduce its large network of more than 2,000 private air customers to the Pattonair portfolio.
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