Jet Parts Engineering (JPE), a specialist in PMA parts, DER repairs and MRO services for commercial aircraft, has acquired Percival Aviation, a UK-based company renowned for its design, production and maintenance of aircraft interiors and associated equipment.
This strategic acquisition strengthens JPE's service offering, enabling the company to provide more comprehensive solutions to meet the evolving needs of the global aviation market. By integrating Percival's expertise, JPE expands its product range, combining interior components with its established aftermarket services to deliver cost-effective, high-quality solutions.
Percival Aviation, based in Fareham, Hampshire, has built a strong reputation within the industry for its specialist work in aircraft interiors. The company has also been pursuing an ambitious growth plan, with a particular focus on expanding its international presence to become a leading supplier in the aircraft interiors sector.
The acquisition supports Jet Parts Engineering's mission to reduce airline aftermarket costs while maintaining a strong emphasis on service quality and product availability. Both companies share similar values, with a commitment to delivering reliable solutions and maintaining ready inventory to meet customer demands efficiently.
The deal was facilitated by Vance Street Capital, a private equity firm focused on investing in engineered solutions businesses across aerospace, defence, industrial and medical markets. JPE forms part of Vance Street Capital's portfolio, and this latest move marks a significant step in its growth strategy.
With combined regulatory approvals and complementary strengths, JPE and Percival Aviation are well-positioned to drive innovation and deliver greater value to airlines and aviation stakeholders worldwide.
