AIM Norway Acquires Pratt & Whitney Belgium Engine Center
Kjeller, Norway, 03. June 2016: AIM Norway will acquire the Pratt & Whitney Belgium Engine Center (BEC), a military jet engine overhaul center that services certain models of the F100 engine which powers F-15 and F-16 aircraft around the globe. This strengthen AIM Norway’s international capabilities and provides BEC with continued solid ownership.
AIM Norway is owned by the Norwegian Ministry of Defence and supplies maintenance, repair and modification services for aircraft, helicopters, components and field equipment to the Norwegian Armed Forces and other military and civilian organizations. BEC is a one-stop shop for the maintenance, repair and overhaul (MRO) of F100-PW-220 and F100-PW-229 engines, powering the fighters F-15 Eagle and F-16 Fighting Falcon.
Opening new markets
With the acquisition of BEC, a new market opens for AIM Norway. BEC currently services armed forces in 14 countries, including Denmark, Netherlands, Poland and Portugal. In addition, BEC are well positioned to become the engine center for the F-35 aircraft, future market with substantial potential.
– The Pratt & Whitney Belgium Engine Center is well known in the industry for providing superior maintenance and repair capabilities,” said Ove Haukåssveen, CEO, AIM Norway. “We are proud to strengthen our portfolio by adding this capability and these highly skilled employees to the AIM Norway family. The Belgian and Norwegian staff have complimentary skills and experiences, which makes us all stronger and more competitive. I am therefore very optimistic for our future.
Bradley Akubuiro, communications manager at Pratt & Whitney, said “During the exploratory and sales process that we launched just last month, a number of parties expressed an interest in acquiring the Belgium Engine Center, confirming the strengths of the Belgian operation and the high professionalism of its workforce. We are very glad to have concluded an agreement with a highly trusted company such as AIM Norway, which offered the most competitive proposal and can maintain the terms of employment and remuneration for the current workforce.”
Pratt & Whitney together with AIM Norway will work closely to ensure a smooth transition of operations.