Spanish aero engine and gas turbine manufacturer ITP Aero has announced it has completed the acquisition of BP Aero, provider of aircraft engine aftermarket services.

ITP Aero says it is one of several strategic investments it is making as part of advancing its overall MRO capabilities and global reach.

The MRO acquisition is a first for ITP Aero and its first acquisition in the United States.

Eva Azoulay, chief executive of ITP Aero Group, said: “This is an important milestone for ITP Aero and BP Aero.

“Having had the chance to get to know Dennis Walsh and Mike Walsh over the last several months and having had the opportunity to see the team in action, reinforced our conviction that BP Aero is a great addition to the ITP Aero family.

“The integration of ITP Aero’s high performing engineering and operational teams, as well as diverse portfolio of components on today’s most advanced engines, with BP Aero’s entrepreneurial spirit, repair and maintenance capabilities and customer focus, will result in continued growth and the development of new and valued aftermarket services for customers globally.”

Mike Walsh, head of BP Aero, said: “We are thrilled and excited to start the next chapter of BP Aero’s growth hand in hand with ITP Aero.

“Our mission at BP Aero has always been to provide the best service to our customers, including OEMs, engine MROs, asset managers, airlines, and military product support managers.

“We want to express our gratitude to the BP Aero whole team without which this journey would not have been possible.

“We look forward to continuing serving our customers now as part of the ITP Aero family”.

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