DutchAero taken over by KMWE
KMWE announces the acquisition of DutchAero B.V. - a reputable supplier of airframe and aero-engine components in the Netherlands – from Avio Aero.
Today KMWE, through the Gevo B.V. holding, signed an agreement with Avio Aero -a GE Aviation business and leading player in the design, manufacture and maintenance of civil and military aeronautics components and systems – to acquire DutchAero B.V., which for over 30 years has been a dedicated supplier to the aerospace industry, specializing in high-precision, safety-critical aerospace parts.
KMWE will take over DutchAero’s manufacturing factory in Eindhoven which employs around 75 people. DutchAero will retain its customers and contracts.
The acquisition does not involve the DutchAero Services business of Avio Aero which carries out MRO services at the Dutch Ministry of Defence Logistics Centre at Woensdrecht.
The last years KMWE realized a strong growth mainly in the market segments Semiconductor and Medical Equipment. With this acquisition KMWE strengthens its global position in the Aerospace market and expands their current customer base with several major players in the Aerospace market. By combining both company capabilities KMWE is able to offer a broader range of services and capabilities and will grow its team of highly skilled and experienced craftsmen and specialists.
With this acquisition the KMWE activities in the Netherlands will grow to 60 M Euro with 300 FTE’s. The total KMWE activities including the Malaysian and Turkish operation will grow to 80 M Euro with more than 500 employees.
KMWE is a global supplier and partner for the High Tech Equipment Industry and Aerospace. KMWE is specialized in the High Mix, Low Volume and High Complexity machining of functional and safety critical Components and the assembly of fully tested mechatronic Systems. Together with the KMWE Projects organization KMWE offers engineering and manufacturing services during the total lifetime of our customers product.
Almost 60 years of experience, an international supplier network, over 500 motivated well educated employees and a continuous drive for Excellence enables us to fulfill the highest demands of our customers.
Always on the cutting edge of excellence.
5653 LC EINDHOVEN
5653 LC EINDHOVEN
T : +31 (0) 623080014
E : email@example.com