Chorus Aviation Inc. has announced an agreement to acquire Kadex Aero Supply (Kadex), a well-established independent distributor of aircraft parts, supplies, and repair and overhaul services. The transaction, which is subject to customary closing conditions, is expected to complete in the second quarter of 2026.
Kadex, founded in 1994 by John Lavery and Ken Blow, has built a strong reputation within the aviation supply chain over more than three decades. The privately held company generated approximately US$60 million in revenue in 2025 and employs around 50 staff across two Canadian locations: its headquarters in Peterborough, Ontario, and a regional supply operation in Calgary, Alberta. Kadex maintains partnerships with more than 70 original equipment manufacturers (OEMs), enabling it to provide customers with a comprehensive, value-added procurement solution supported by deep technical expertise.
For Chorus, the acquisition represents a strategic move to broaden and diversify its aviation, aerospace and defence services portfolio. President and Chief Executive Officer Colin Copp described the deal as a significant milestone in advancing the company’s growth strategy. He emphasised Kadex’s strong OEM and customer relationships, alongside its proven operating model and growing revenue base, as factors expected to contribute to more resilient and durable earnings over the long term.
Kadex will also complement Chorus’ existing used serviceable materials (USM) business by adding a synergistic distribution platform capable of delivering consistent cash flows. This alignment supports Chorus’ stated objective of enhancing shareholder value through disciplined capital allocation and expansion into adjacent aviation services markets.
From Kadex’s perspective, joining Chorus marks a new chapter in its development. John Lavery, President and CEO of Kadex, noted that the company has spent over 30 years building a leading aviation supply enterprise focused on customer service and reliability. Becoming part of the Chorus group is viewed as an opportunity to accelerate growth, leverage broader resources, and strengthen its market position while preserving the brand and operational foundation established by its founders.
