STS Aviation Services (STS), a division of STS Aviation Group, has announced the acquisition of UK-based engine MRO, GT Engine Services (GTES).
Since establishing itself in the UK at the end of 2019, STS Aviation Services has delivered sustained year-on-year growth, continued to add both capacity and capability, and is now the largest independent MRO in the United Kingdom. With an expanding footprint in Europe, it serves both commercial and military sectors. Acquiring GT Engine Services, an aircraft engine maintenance and repair company, builds on the strategy for a single-point solution and accelerates STS' growth into the engine sector, opening further capability to its growing customer base.
STS Aviation Group's CEO, PJ Anson, said, “Myself and the Board at STS are delighted we have been able to conclude the acquisition of GT Engine Services, which delivers on our strategy of being a significant provider of airframe, material, and now engine maintenance and repair solutions. This further demonstrates the commitment we have to the UK and European markets. We look forward to working with the team at GT Engine Services and supporting their ambitious plans for growth over the next few years.”
Previous owner and CEO, Greg Macleod, will continue to lead the team at GT Engine Services as Managing Director, Engineering Services, and will report directly to Ian Bartholomew, Executive Vice President & Managing Director STS Aviation Services Europe.
The acquisition of GTES was signed on May 28, 2024, and the integration plan will start immediately.
