AIM MRO Holdings, a manufacturer and supply chain manager of highly engineered consumable repair products and materials used primarily in the aerospace aftermarket, announced Jan. 17 that it has acquired Tribologix, a provider of engineered surface coatings solutions. Financial details were not disclosed.
This deal marks AIM MRO’s first acquisition since becoming a portfolio company of AE Industrial Partners, LP, a private equity firm specializing in aerospace, defense & government services, space, power & utility services and specialty industrial markets.
MDM’s M&A Virtual Summit, to be held Feb. 21-22, has something to offer for any distributor on the dealmaking spectrum. We’ll cover the current state of M&A; how to maximize valuation; integration do’s and don’ts; ESOPs; the culture side of the M&A process; and more. Get details and register here.
Ben Ehrens, CEO and President of Golden, Colorado-based Tribologix, is expected to stay on with the company as a consultant, according to the announcement.
“Tribologix’s high-tech, cutting-edge coatings and extensive testing have made it a trusted name in surface engineering for extreme environment applications, where the elimination of friction and wear is a mission-critical factor for non-serviceable mechanical components,” said AIM MRO CEO Scott Wandtke. “We’re excited to add these products to our suite of state-of-the-art offerings. We look forward to working with Ben and his dedicated team to better serve our new and existing customers.”
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