M&A Deal Summary

SK AeroSafety Group Acquires Fire-Tec Aero Systems

On January 25, 2022, SK AeroSafety Group acquired safety/security company Fire-Tec Aero Systems

Acquisition Highlights
  • This is SK AeroSafety Group’s 1st transaction in the Safety/Security sector.
  • This is SK AeroSafety Group’s 1st transaction in the United States.
  • This is SK AeroSafety Group’s 1st transaction in Arizona.

M&A Deal Summary
Date 2022-01-25
Target Fire-Tec Aero Systems
Sector Safety/Security
Buyer(s) SK AeroSafety Group
Deal Type Add-on Acquisition

Target

Fire-Tec Aero Systems

Phoenix, Arizona, United States
website
Fire-Tec Aero Systems provides MRO aviation solutions that specialize in three main safety product areas: fire extinguishers, oxygen bottles, and emergency power equipment, servicing a diverse group of over 350 customers. Fire-Tec Aero Systems was founded in 2005 and headquartered in Phoenix, Arizona.

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Buyer(S) 1

Buyer

SK AeroSafety Group

Wokingham, United Kingdom

website

Category Company
Founded 2011
Sector Aerospace
DESCRIPTION

SK AeroSafety Group specializes in the inspection, testing, maintenance and repair of critical passenger safety equipment found on all commercial and private aircraft worldwide. Examples of equipment serviced by the Company include life vests, fire extinguishers, oxygen masks, oxygen cylinders, evacuation slides, and life rafts. SK AeroSafety supports a diversified and global customer base of over 700 airlines, component service providers, maintenance and repair organizations (MRO) and OEMs, and has locations in The Netherlands, United Kingdom, United States, Malaysia, and Dubai. SK AeroSafety Group was founded in 2011 and is based in Wokingham, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector (Safety/Security) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

Product

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