STS Aviation Services Acquires UK-Based GT Engine Services, Expanding MRO Capabilities
BIRMINGHAM, United Kingdom, May 28, 2024 — STS Aviation Services (STS), a division of STS Aviation Group and a global provider of aircraft maintenance, repair and overhaul solutions, announces the acquisition of UK-based engine MRO, GT Engine Services (GTES).
Since establishing itself in the UK at the end of 2019, STS Aviation Services has delivered sustained year-on-year growth, continued to add both capacity and capability, and is now the largest independent MRO in the United Kingdom with an expanding footprint in Europe, serving both commercial and military sectors. Acquiring GT Engine Services, a leading aircraft engine maintenance and repair company, builds on the strategy for a single point solution and accelerates STS’ growth into the engine sector, opening further capability to its growing customer base.
STS Aviation Group’s CEO, PJ Anson, said, “Myself and the Board at STS are delighted we have been able to conclude the acquisition of GT Engine Services, which delivers on our strategy of being a significant provider of airframe, material, and now engine maintenance and repair solutions. This further demonstrates the commitment we have to the UK and European markets. We look forward to working with the team at GT Engine Services and supporting their ambitious plans for growth over the next few years.”
Previous owner and CEO, Greg Macleod, will continue to lead the team at GT Engine Services as Managing Director, Engine Services, and will report directly to Ian Bartholomew, Executive Vice President & Managing Director STS Aviation Services Europe.
Ian Bartholomew said, “The last four years have been an incredible journey for the team. With hard work and commitment, we have established STS as a key player in the MRO sector in the UK and Europe. With a significant presence in the UK and operations at key locations, we have built an enviable portfolio of highly credible customers, many of whom we share with GT Engine Services. With our success, we have created hundreds of new jobs in the UK, with plans to add a significant number of new roles this year. With the addition of GT Engine Services, we will unlock new and exciting opportunities. My team and I look forward to welcoming our new colleagues and working with Greg and his team.”
GT Engine Services was established in 2010 and, with a uniquely people-centric approach led by Greg Macleod, has positioned itself to become the UK’s leading engine management provider, delivering repair and management of CFM56, CFM LEAP, CF34, CF6, PW4000, V2500, RB211, GTF, and Trent 700 engines. Greg Macleod said, “The last fourteen years have been very special for me, and I am very proud of what we have achieved. GT Engine Services is now ideally placed with a great workforce and team to join STS and start to write the next chapter. I have known Ian for several years, and I am delighted to be joining his leadership team as Managing Director, Engine Services for STS, becoming part of the broader STS Aviation Group family with opportunities to leverage the scale and reach of the organization, delivering our strategic growth plan.”
The acquisition of GTES was signed on May 28, 2024, and the integration plan will start immediately.
About STS Aviation Services:
STS Aviation Services is a leading provider of MRO (Maintenance, Repair, and Overhaul) services, with a strong presence in the UK and Europe. Our commitment to excellence and customer satisfaction drives our growth and success in the aviation industry.
About GT Engine Services:
GT Engine Services is the UK’s leading engine management provider, specializing in the repair and management of a wide range of engines. Established in 2010, the company has a strong reputation for its people-centric approach and technical expertise.
For more information, contact:
Bryan Shaw
Director of Marketing
1-800-800-2400 ext. 8521
[email protected]