Feb 13, 2023
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Wencor Group, a leading solutions provider to the aerospace and defence markets, has announced the acquisition of Aero-Glen International, LLC.
“We are excited to welcome Aero-Glen International and their talented team of employees to Wencor. This acquisition is an excellent fit that accelerates our strategy to provide best-in-class distribution and value-added services to both the defence and commercial aerospace markets. It also enhances our aftermarket hardware offering, allowing us to provide our customers with more comprehensive options to meet their repair needs,” Wencor Chief Executive Officer, Shawn Trogdon, said.
“The addition of Aero-Glen rounds out our capability to offer creative and differentiated supply chain solutions, value-added services, and customised kitting solutions to both OEM and aftermarket customers in the defence marketplace. This acquisition aligns with our product line expansion strategy, providing additional premier authorised distributorships including Howmet, HPF, Lisi, and Monogram,” Wencor’s President of Defense, Scott Herndon added.
Aero-Glen International, based in Fort Worth, Texas and celebrating its 47th year servicing the aerospace market, is a full-line stocking distributor offering value-added services and kitting solutions that include aerospace fasteners, fittings, machined parts, and other specialised hardware. The company serves a diverse and global customer base, including domestic, international, commercial, and military customers.
Aero-Glen is the first company in the United States to successfully complete the Joint Surveillance Voluntary Assessment Program and effectively meet the stringent requirements of CMMC 2.0 Level 2 compliance.
“We are thrilled to be joining the Wencor team, who like us, shares a culture dedicated to providing customers with exceptional service and solutions at the highest levels of quality and reliability,” Tyson Kay, Vice President and General Manager of Aero-Glen International, said. “We are excited to join Wencor as we look to leverage their extensive in-house technical capabilities and overall scale to drive continued growth across our distribution and value-add services business.”
BMO Capital Markets served as exclusive financial advisor to Aero-Glen International and Hallett & Perrin PC served as legal counsel.
The post Wencor acquires Aero-Glen International appeared first on AIR CARGO WEEK.
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Author: Edward Hardy
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