KLX, a leading distributor and value-added service provider of aerospace fasteners and consumables, has acquiring the assets of John Hassall, LLC’s laboratory operations. John Hassall is a wholly owned division of Novaria Group. Specifically, KLX will be acquiring the Laboratory Controlled at Source (LCS) lab assets, and expert technical personnel associated with managing the lab.
This acquisition further supports KLX Aerospace Solutions’ focus on providing Engine and Engine-related customers with differentiated and industry leading services to support their unique product and quality requirements. These newly acquired capabilities will allow KLX to provide the additional required testing to support the strict quality requirements of this customer base. Novaria Group is a diversified manufacturer of fasteners and critical components used exclusively in aerospace and military markets.
As part of the laboratory sale to KLX, both parties have formed a strategic partnership, wherein KLX has exclusivity on certain product lines manufactured by Novaria, as well as production capacity and preferred pricing for certain products and programs.
