Wencor Group has acquired of PHS/MWA Aviation Services (PHS), a certified FAA/EASA repair station and provider of aircraft repair solutions in cargo and interior systems, hydraulics, and power and controls. Terms of the transaction were not disclosed.
“The acquisition of PHS enhances our Soundair Aviation Services affiliate, expanding both the international market presence and breadth of Wencor Group’s repair capabilities. This strengthens our position as a worldwide leader of aftermarket solutions, and we continue to identify opportunities to partner with leading aftermarket part and service providers as part of our growth strategy,” said Greg Beason, chief executive officer of Wencor Group.
Greg Harwood, current president of Soundair Aviation Services, will lead the new company alignment with the support of Bryan and Craig Bale.
Barry Bale, chairman, and Mary Bale, CEO, of PHS/MWA commented, “As second generation of company founders Fred and Ann Bale, it was important to us to preserve the family culture. We quickly realised that partnering with Wencor Group would be the perfect path forward for PHS. We wish Bryan and Craig, our loyal employees, and Wencor all the very best.”