LORD Corporation of Cary, North Carolina – a global leader in the management of vibration, motion and noise control – has signed a non-exclusive distribution agreement with Copenhagen-based Satair Group for its commercial fixed-wing product line commencing February 2015.
Under the agreement, which focuses on the European, Middle East and African markets (EMEA), Satair Group - a world leader in the commercial aerospace aftermarket - will assume responsibility for aftermarket sales, distribution and support of a wide range of LORD Corporation isolation mounts and catalogue parts.
These isolation mounts are fitted to numerous Airbus, Boeing, Bombardier and Embraer aircraft in operation today.
“Europe is our fastest-growing region with 40% total growth in the past three years” said Gabor Markus, EMEA Market Manager for Fixed-Wing Products at LORD. “We are also embarking on a significant effort to further increase our footprint in the European fixed-wing sector. Satair Group is the ideal partner to help us achieve our European strategy and brings to us its extensive knowledge, distribution and technical support skills to enhance LORD Corporation’s services in the EMEA aftermarket.”
The two global aerospace companies have already conducted business with for some 10 years, but this agreement is the first of its kind
Mathieu Berthet, Product Manager at Satair Group said: “The agreement will bring to the LORD customers in EMEA a high level of service through our comprehensive sales, warehousing and logistics management capabilities worldwide including competitive prices, stocking of key products, minimum lead times and dedicated support. Our strong EMEA sales force will furthermore ensure we claw back lost business, meet competition head-on and bring more value to our end-user customers - the airlines, MROs and key players in the commercial aftermarket.”
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.