Paris, Amstelveen, 17 March 2014 - Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) and Sabena technics have reached an agreement under which the Franco-Dutch group will take full control of Barfield, the North American subsidiary of Sabena technics. The transaction should be finalized in the first half of 2014, subject to regulatory approval.
Barfield Inc. was founded in 1945 and is an MRO provider specializing in component support, offering services ranging from repairs to flight-hour solutions including spares support, the design of test equipment, and the distribution of spare parts for OEMs. It employs 230 at three US facilities (Miami, Phoenix, Louisville).
Extended MRO services for airlines in the Americas
Franck Terner, Executive Vice President AIR FRANCE KLM Engineering & Maintenance, said: "This acquisition supplements and strengthens our presence on the world's biggest aviation market - a strategic region due to its dynamism and potential for growth. Because of the complementary nature of AMG and Barfield, two Florida-based subsidiaries, the clients of AFI KLM E&M and Barfield in the Americas will benefit from a comprehensive array of high-quality, competitive services on their doorstep."
Rodolphe Marchais, Chairman and CEO of Sabena technics, added: "We are very proud of what we have accomplished and the distance we have traveled with Barfield since 2007, and are delighted that this transaction is going ahead with a European group that ranks second worldwide in aircraft maintenance. This sale will help Barfied to confidently embark on a new stage in its development."
About Sabena technics
Founded in 1968, Sabena technics is a leading independent player in the aircraft maintenance sector. The group employs over 3,000 people at 18 facilities worldwide, including Bordeaux, Brussels, Dinard, Marseille, Miami, Monastir, Nîmes and Papeete. Its business offer covers six product lines delivering across-the-board coverage of client requirements: Airframe services, VIP Completion, Component services, Integrated services, Military services, and Training services. www.sabenatechnics.com
About AFI KLM E&M
Air France Industries and KLM Engineering & Maintenance, which joined forces following the AIR FRANCE KLM merger, are major multi-product MRO (Maintenance, Repair, Overhaul) providers. With a joint workforce of over 14,000, AFI KLM E&M offers comprehensive technical support for airlines, ranging from engineering and line maintenance to engine overhaul, aero structure and FTR support, as well as the management, repair and supply of aircraft components, structured around a powerful logistics network. AFI KLM E&M supports almost 1,300 aircraft operated by 150 major international and domestic airlines.
About Aero Maintenance Group (AMG)
AMG is a wholly-owned subsidiary of AFI KLM E&M, based in Miami and Atlanta and operating three maintenance facilities. AMG specializes in component support for a wide range of commercial and regional aircraft and is ideally placed to serve the needs of clients operating in North, South, and Latin America and the Caribbean.
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AFI KLM E&M
Nov. 14, 2011
