Meggitt buys Elite Aerospace, strengthening its aftermarket capability
Meggitt PLC has completed the acquisition of Elite Aerospace (Elite), a Miami-based and award winning leader in the test, repair and overhaul of commercial, regional and military aircraft components.
The Miramar-based aftermarket specialist has joined Customer Service & Support (CSS), Meggitt’s dedicated aftermarket organization.
Extending our capabilities
Elite’s world class capabilities in repair and overhaul for heat transfer, pneumatics, hydraulic and avionic components for both commercial and military aircraft complements Meggitt’s core product capabilities. The acquisition provides increased market access for the combined business and enables better support to operators globally.
Lorraine Rienecker, President Customer Service & Support commented: “Given both parties’ presence in Miami, the combined businesses represent a strong springboard for business development in the Americas.’’
Integration prospects are promising. Lorraine added: “Elite has been a Meggitt heat exchanger partner for over 10 years and runs a flawless Lean operating system. We will build on this expertise in the aftermarket to further strengthen our implementation of the Meggitt Production System.”
Meggitt’s dedicated aftermarket organization was launched as a full service organization in 2016 to provide the agility the international engineering group needed to complete in the increasingly dynamic market for spares and repairs. CSS is committed to delivering superb service through the aerospace product lifecycle and, ultimately, helping its airline customers run their operations as cost-effectively as possible.
Headquartered in the United Kingdom, Meggitt PLC is an international group operatingin North America, Europe and Asia. Known for its specialised extreme environment engineering, Meggitt is a world leader in aerospace, defence and energy, employing nearly 11,000 people at more than 40 manufacturing facilities and regional offices worldwide.