StandardAero Acquires TRS Ireland

 - January 20, 2020, 10:56 AM

StandardAero has acquired an Ireland-based provider of component repair and manufacturing processes for industrial, aero-derivative, and aircraft gas turbines that will expand one of its divisions as well as its portfolio of MRO and component repair services. The acquisition of TRS Ireland—a subsidiary of TRS Global Services—gives StandardAero nearly 70,000 sq ft of MRO operations, more than 100 employees, and an installed base of customers that include Siemens, GE, and Rolls-Royce.

“TRS Ireland has a long-standing, hard-earned reputation in the industry as a reliable service partner and will bring immediate growth and opportunity for StandardAero,” said StandardAero chairman and CEO Russell Ford. “The company has also been extremely successful in implementing lean manufacturing initiatives to drive efficiency.”

TRS Ireland will expand StandardAero’s Components, Helicopters & Accessories (CH&A) division with its experience as an OEM-approved specialty coating provider of engine component repair and MRO services on blades, vanes, and other hot section components for both new engines and a rising number of mature engines. It has more than 180 OEM approvals/licenses and unique FAA and EASA certifications. “We see significant opportunities to leverage these capabilities and capacity to the fast-growing aerospace and aero-derivative turbine engine repair markets,” added CH&A division president Rick Stine.

With the acquisition, StandardAero has 40 primary repair facilities located on five continents with more than 6,400 employees.