Marubeni Corporation, one of the world’s largest trading and investment conglomerates, has acquired a 50 per cent equity stake in DASI, LLC, a global leader in commercial aviation inventory solutions.
Completed for an undisclosed amount, the acquisition allows Marubeni to expand opportunities and accelerate growth in the aviation parts inventory space, ultimately strengthening both companies value proposition and offering a more robust level of customer service.
The acquisition comes as Fortress Investment Group successfully exits its investment in DASI after six years, during which time DASI has tripled in size.
DASI was founded in 1993 and is a leading provider of end-to-end surplus inventory solutions for airlines, maintenance, and repair organisations, with a global team dedicated to sourcing, acquiring, and selling spare parts worldwide.
With a focus on quality, sustainability, and cost-efficiency, DASI states that it has established itself as a trusted partner for customers focused on optimising their inventory management practices and as an enabler for OEMs and distributors to access the broader spot market via DASI’s global platform.
The acquisition will empower DASI to expedite the development of its online marketplace, increase the availability of factory new spares and advance its expansion in the surplus inventory space.
DASI states the strategic partnership will also provide its with access to a wider range of customers and suppliers, as well as open new avenues for cross-selling and collaboration.
Toru Okazaki, executive officer of Marubeni and chief operating officer of Marubeni’s Aerospace and Ship Division, said: “This acquisition is in line with our strategy of expanding our capabilities in the aviation aftermarket space and will enable us to better serve our customers by providing them with a one-stop-shop for all their inventory needs.”
John Dziuba, chief executive and founder of DASI, said: “We are proud of the growth DASI has achieved over the past six years and want to extend our thanks to the Fortress team that has been such a valuable and supportive partner during this period.
“We are confident that Marubeni’s investment will take the company to new heights. We look forward to partnering with the Marubeni team to continue to bring premier, cost-effective aircraft inventory solutions to our customers around the world.”
(Above picture – external view of DASI. Credit: marubeni.com)