Victor Sierra Aviation Holdings (Victor Sierra) announced the acquisition of The Av8 Group, an FAA-PMA manufacturer, FAA and EASA-approved Repair Station specializing in business and regional aviation. Their capabilities include aftermarket PMAs as well as overhaul and repair of corporate and regional aircraft landing gear, electrical, mechanical and hydraulic components. With a vertically integrated model and in-house engineering capabilities, Av8 designs and manufactures FAA-PMA replacement parts, enabling cost-effective and efficient repairs and overhauls. Av8 serves a growing list of customers around the world.
“Securing a strategic partner capable of accelerating our growth trajectory and driving market expansion—while also recognizing the value of the culture we have created over the years—was a key priority,” said Yoel Arnoni, Av8 Group’s. “Victor Sierra brought a clear vision for growth and a deep respect for the foundational elements that have made our business successful.”
Scott Still, CEO of Victor Sierra, stated, “The acquisition of The Av8 Group enhances our position within our core product base of landing gears, wheels and brakes while allowing us to expand our presence within the Business and Regional Aviation segments. Our collective brands are recognized leaders in engineering, manufacturing, and distributing high-quality aftermarket solutions. We’re excited to expand our market and product portfolio and deliver even greater value to our customers.”