The integration will commence in June this year and continue the next couple of months ensuring a smooth transition, operational continuity, the right IT infrastructure and human resources composition.
Rene Frandsen, Managing Director of Satair Group in Singapore comments: “There is a very strong strategic fit between Eltra Aeronautics and Satair Group. Satair Group has the operating platform and capability to fully integrate Eltra Aeronautics Singapore into its existing operations with the aim to fully consolidate activities in the Asia-Pacific market.”
Eltra Aeronautics will further strengthen Satair Group as a material aftermarket integrator, connecting the dots between customers and OEM business partners.
Francis Liang, Managing Director of Eltra Aeronautics (S) Pte. Ltd continues: “The integration of the two companies’ products and services makes perfect sense in today’s market. Leveraging on the strengths of each of the two will bring about greater efficiency and synergies under a common organization.”
Steen Karsbo, Vice-President of Business Development in Satair Group ends: “Satair Group can leverage on Eltra Aeronautics’ intimate knowledge of the Asia-Pacific market as well as their relationships with OEM Business Partners to further develop the distribution business in the region. The combined expertise of these two strong players will provide better services to existing and future business partners in the Asia-Pacific region. This is an important part of our goal to be the preferred choice for these fine companies.”
Airbus Material & Supply Chain Services and Satair are part of Satair Group, a 100% stand-alone company and Airbus subsidiary with $1.3 billion revenue, more than 1,000 employees worldwide and a vision to become the global market leader in the civil aircraft parts management business in 2017.