Sunvair acquires Florida-based aviation service company, Med-Craft
Sunvair has announced that it has completed its acquisition of Med-Craft.
Med-Craft is a family-owned aviation services company based in Miami, Florida that has operated for over 50 years. The company's repair and overhaul services focus on pneumatic, hydraulic and electromechanical component repair, but water and waste systems are also part of its MRO capabilities. Sunvair states that the acquisition includes both the Med-Craft and Med-Air divisions.
"This acquisition increases our overall capabilities," said Kerry Jarandson, president and CEO of Sunvair Aerospace Group. "There are several product offerings that will be new to our portfolio, giving our customers more access to solutions they need all in one place."
"We're thrilled about this new phase of growth, partnering with Sunvair, after our 55 years of private ownership," said Med-Craft CEO Karina DueƱas. "Med-Air and Med-Craft have always been very customer-focused, a value that Sunvair embodies deeply, and we both have a strong culture of great service and reliability, as our clients know well. We look forward to continuing to serve all of our customers with the same commitment and responsiveness they've come to expect, and with the added new excitement of what lies ahead."
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Sunvair claims the integration of Med-Craft's services expands its resources for its customers and opens the possibility of bringing in new customers. Sunvair supports commercial and military customers across a broad range of technical disciplines including avionics, instruments, electrical systems, landing gear, cargo loading systems, coatings and component repair. It specializes in developing unique repairs via Designated Engineering Representative (DER) approved specifications and holds Parts Manufacturer Approval (PMA) for many of its products.
"We are strategically growing our business, both organically and with acquisitions that complement our strengths," said Jarandson. "The acquisition of Med-Craft fits well with our strategy and helps us continue to expand the products and services that benefit customers."