Atlanta-based Precision Aviation Group (PAG) on Wednesday announced plans to acquire Aero Technology (ATI), of Long Beach, Calif., a MRO services provider of accessories, avionics and instruments. Financial terms of the acquisition were not disclosed.
"The acquisition of ATI diversifies PAG's MRO capabilities, expands our operations into one of the largest aviation markets, and provides an additional platform for growth. We will be making significant Capital investments in Inventory and capabilities expansion to bring PAG's suite of MRO services to ATI. This will include Wheels/Brakes, Hydraulics, and Electro-Mechanical accessories. These investments will give ATI the ability to enhance the services they provide to their customers, and allow PAG to expand its services to customers located on the West Coast," said David Mast, PAG president and CEO.
ATI operates out of a 25,000-square-foot-facility located at the Long Beach International Airport. It employs 38 personnel (including 18 Technicians) and holds FAA, EASA, and Airline Certifications.