HEICO’s Flight Support Group has acquired 80% of the equity of Aeroworks, a manufacturer of composite and metal parts used primarily in aircraft interior applications, including seating, galleys, lavatories, doors and overhead bins. Its products are sold mostly to commercial aircraft interior primes for use in commercial aircraft retrofit, interior replacement and new aircraft production. Including Aeroworks, HEICO subsidiaries will now operate production or engineering facilities in eight countries in North America, Europe and Asia.
Laurans Mendelson and Eric Mendelson, HEICO’s chairman/CEO and co-president, respectively, together remarked, “We are impressed with the team and organization that Aeroworks’ founder, Mr Sjuk de Vries has built, and are proud that Aeroworks has joined the HEICO family. Aeroworks brings significant design expertise and manufacturing capabilities to the HEICO network, which will benefit our customers worldwide.”
Sjuk de Vries, Aerowork’s founder and CEO added, “HEICO was our preferred acquirer as they will be able to support us on our continuous growth path. HEICO also provides us with the required professionalism, both technically and managerially. Our long-term continuity will be sustainable by this acquisition, creating increased comfort for our customers and employees.”