Lufthansa Technik Sells AirLiance Materials
Kellstrom Commercial Aerospace has acquired AirLiance Materials from Lufthansa Technik. Under the terms of the deal, AirLiance’s current CEO, Roscoe Musselwhite, will become president and CEO of Kellstrom Commercial Aerospace and a member of Kellstrom’s board of directors. His initial responsibility will be to integrate the two commercial operations into a single, integrated organization.
Following the AirLiance acquisition, the commercial warehousing and logistics operations of Kellstrom will migrate over the next year to AirLiance’s 161,000-sq-ft warehouse facility and headquarters near Chicago O’Hare Airport. The combined company will also maintain a significant sales presence in South Florida.
“As part of the agreement, the merged operation will use the Kellstrom name, so in addition to combining operations, we will shortly begin the process of re-branding all of our commercial operations under the Kellstrom Commercial Aerospace brand. It is important for our customers to know that this acquisition is highly advantageous for anyone currently doing business with either organization. We will be able to provide new levels of support and help in significantly reducing the length of the supply chain while reducing inventory and keeping maintenance operations materials at optimum levels,” Musselwhite said.