Aviation Technical Services (ATS) is expanding its component repair business through the acquisition of American Cooler Services for an undisclosed sum. Neither entity is releasing the figure because both are privately held companies.
This is ATS’s fourth component repair purchases in the last few years and is part of its broader acquisition strategy. Other acquisitions have included Texas Pneumatics Systems, Aviation Industry Repair and Texas Air Composites.
American Cooler Services, an FAA Part 145 certified in Dallas, maintains heat exchangers, fuel systems, pneumatics and electromechanical components.
ATS does not plan to change American Cooler Services’ name or business plan for now, so the new ATS company is not expecting any operational disruptions.
The sale officially closed on March 30.
Source: MRO Network