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On March 4, 2024, Argo MRT Americas, an affiliate of DRAKKAR, acquired Techni-Air 2000 Inc., a Montreal-based aircraft maintenance provider known for custom technical handling solutions and high dispatch reliability. The deal, expanding Argo MRT Americas' services with a new line maintenance service line, aligns with the company’s vision. Techni-Air 2000 holds certifications from Transport Canada, the FAA, and EASA, complementing Argo MRT Americas' recent Transport Canada AMO certification. This acquisition enhances Argo MRT Americas' capabilities in mobile repair and line maintenance across Canada, the Americas, and Europe, marking a significant step in its commitment to aerospace excellence.
David Thibes, Vice President & COO of Argo MRT Americas, expressed gratitude to Gilles Valiquette, Co-Founder of Techni-Air 2000, for his support during the transition. Marcus Schulz, CEO of Argo Group, highlighted the acquisition's value in strengthening service offerings and global presence. Gilles Valiquette welcomed the opportunity to join a leading team, while Mélanie Lussier of Aéro Montréal emphasized the deal's role in promoting Quebec’s aerospace sector. The transaction, which did not disclose its value or legal advisors, is a testament to both companies' dedication to industry leadership and client satisfaction.
Parties
Company
Argo MRT Americas
Company
Techni-Air 2000 Inc.
Deal Type
Merger & AcquisitionIndustry
TransportationTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
04 March 2024