- GPM is AIM MRO’s second add-on acquisition since December 2022
- AEI first invested in AIM MRO in 2019
- AEI is a private equity firm based in Florida, US
AIM MRO Holdings, a portfolio company of AE Industrial Partners (AEI), has acquired Gerard Poly Mouldings (GPM), a company that designs and manufactures masking products for aerospace and gas turbine engines.
No financial terms of the transaction were disclosed.
GPM is based in Nottingham, England.
GPM is AIM MRO’s second add-on acquisition since December 2022, following the acquisition of Tribologix in January 2023.
AEI invested in AIM MRO in 2019.
“The addition of GPM will not only expand our capabilities but will also generate exciting opportunities to serve our existing customers with a more fulsome suite of solutions,” said Scott Wandtke, CEO of AIM MRO.
AIM MRO is a maker of consumable repair products and materials used primarily in the aerospace aftermarket. The company is based in Miamiville, Ohio.
AEI is a private equity firm specialising in aerospace, defence and government services, space, power and utility services, and speciality industrial markets. The firm is based in Florida, US.