DALLAS, TX, January 27, 2020 -- MRO Holdings, Inc. (MROH) announced today their intent to purchase Aviation Exteriors Louisiana (AvEx), an aircraft exterior paint operation in New Iberia, Louisiana. Founded in 1990, AvEx offers full paint services on wide- and narrow-body aircraft in a state of the art, three-hangar paint facility.
“We continue to find areas to invest to support our customers’ needs over the long-term. This acquisition adds to our growing US MRO footprint and is very complementary to our current airframe maintenance and modification capabilities.” said Greg Colgan, CEO of MRO Holdings. “The team at AvEx brings significant paint credibility and experience. We’re excited to complete the due diligence process and move towards finalizing the purchase and integration.”
“We look forward to joining the MRO Holdings team in the near future,” said Raymond Bernard, President of AvEx. “The AvEx team has taken great pride in building this operation into a world-class provider, and MROH will be a great partner for our employees and our customers.”
With the completion of the AvEx acquisition, MROH targets to expand its paint operations to 10 dedicated paint lines by the end of 2020. This capacity will be in addition to the 70+ lines of maintenance and modification services planned for 2020.
Aviation Exteriors Louisiana (AvEx) is an aviation exterior painting expert that has grown and diversified to meet customers’ unique and challenging requirements. The company’s three hangar campus supports the commercial, military and VIP aviation markets. With world-class customers from every continent and a deeply ingrained work ethic focused on safety and quality, AvEx continues to exceed customer expectations ensuring the company as the leader in aviation exterior painting.
MRO Holdings, Inc. (MROH) is a world-class aircraft maintenance and modification provider with a focus on long term solutions for the aviation industry. The company provides over 8 million man-hours of aircraft maintenance and modification services for many of the largest and most respected air carriers in the industry, making them the largest provider in the Americas and third largest in the world. The company currently operates three airframe heavy maintenance and modification facilities: Aeroman in El Salvador, Flightstar in Jacksonville, Florida and TechOpsMX in Queretaro, Mexico. In addition, MRO Holdings has launched a comprehensive technical solutions company called MRO Solutions.
All inquiries to this Press Release should be directed to Jon Lee, Sr. Director of Marketing, MRO Holdings, at firstname.lastname@example.org