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Kelbrook-based Euravia Engineering & Supply, whose chief executive and majority shareholder is Dennis Mendoros, has been bought by Magellan Aerospace of the Toronto Stock Exchange.
Euravia provides maintenance, repair and overhaul solutions for a wide range of aircraft and helicopter gas turbine engines. It has an established international reputation for delivering high quality, cost effective engine support. It also holds 19 international approvals supporting over 150 civil and defence customers in 50 different countries.
Turnover for the year to December 31, 2014 were £14m. Following the acquisition, the company will be managed through Magellan’s UK operations based in Blackpool and Wrexham.
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