Complete Aircraft Group (CAG), an aviation services business, has finalised the acquisition of Aerocare Aviation Services, an interiors and paint specialist and MRO Part 145 provider. This terms of agreement have been in discussion since September 2021 and the deal is intended to enable CAG to move into business aircraft support.
“We look forward to maximising group synergy, not just within CAG through our work sourcing and managing high-quality aircraft, aircraft tooling, parts and components for customers worldwide, but with our aircraft acquisition, tear down and oversight expertise, and especially, with our Mobile Repair Team (MRT) specialists,” said Alan Barnes, CAG’s head of operations.
Barnes and the Aerocare leadership team will work together to explore new business development opportunities and collaborative partnerships. Bolstering Aerocare’s OEM-endorsed paint facility at Hawarden Chester Airport, UK, is high on CAG’s agenda.
“This is an area of immediate investment, involving the modification and widening of the hangar doors to accommodate bigger aircraft. We see increasing demand to tap into regional (turboprop) types for paint work – such as the de Havilland Q400 and ATR72 – as well as supporting larger business jets like the Bombardier Challenger and Global family,” commented Barnes.
Exploring new aircraft markets for maintenance is another area of firm interest. “Collaboration is a very important ethos in the Group,” said Barnes. “We believe there is need – and the market big enough – for widened aftermarket support, maximising the capabilities of our combined 100-strong workforce. This is good for the UK too as we position ourselves as a reliable, efficient closing centre for pre-owned business aircraft inspections, post Brexit.”
Welcoming Aerocare into the Complete Aircraft Group and its parent company, JMC Group, CEO Warren Crook added, “Aerocare is a highly valued addition to our wide-ranging and expanding diverse aviation group. We very much look forward to integrating Aerocare’s talented team over the next few months and continuing our desire to build partnerships and offer ever creative solutions. Corporate aviation is a dynamic sector which is constantly evolving and attracting new investment. This sector perfectly aligns to our business model, sits well in our business plan, and we are pleased to be entering into this market through Aerocare.”
Following completion of the acquisition, CAG has appointed Peter Mankelow as the new managing director of Aerocare. He joins the company with experience in leading MRO services in both the civil and military aviation sectors.