ITP Aero completes the acquisition of Aero Norway

Following the recent regulatory approvals, ITP Aero is proud to welcome Aero Norway, a Stavanger (Norway) based leading provider of aircraft engine MRO services with deep specialisation in CFM56 engine overhauls, into the ITP Aero family.

This acquisition aligns with ITP Aero’s strategic focus on strengthening its position in the global aerospace aftermarket, particularly in key large commercial platforms. The two companies bring highly complementary strengths: Aero Norway’s deep overhaul expertise in CFM56, combined with ITP Aero’s MRO offerings, robust engineering base and advanced component repair capabilities, creates powerful synergies that enhance the value and competitiveness of their combined aftermarket services.

It is one of several strategic investments ITP Aero is making to advance its maintenance, repair and overhaul capabilities and broaden its global footprint. These include ITP Aero’s entry into Pratt & Whiteny’s GTF MRO network, the acquisition of Texas (USA) based leading provider of aircraft engine aftermarket services BP Aero and several component repair contracts signed in recent months.

Eva Azoulay, CEO of ITP Aero Group, commented: “This is a significant milestone for both ITP Aero and Aero Norway. Over recent months, we have had the opportunity to work closely with Neil Russell and the Aero Norway team, gaining a deep appreciation for their exceptional CFM56 expertise, strong engineering culture, and commitment to quality. By bringing together ITP Aero’s high‑performing engineering, operational capabilities and component repair strengths with Aero Norway’s world‑class CFM56 engine overhaul capabilities, we will further enhance the aftermarket solutions we offer to customers across the globe.”

Neil Russell, CEO of Aero Norway, added: “We are excited to embark on this new chapter as part of the ITP Aero family. Joining ITP Aero will allow us to expand our capabilities, continue innovating, and serve our customers with even greater reach and resources.”.