Aviation service provider AAR has announced its intention to acquire Aircraft Reconfig Technologies (ART) from ZIM Aircraft Cabin Solutions for $35 million in an all-cash deal. This strategic acquisition aims to enhance AAR's engineering and certification capabilities, particularly within its repair and engineering division, providing it with a competitive edge in the North American MRO market.
Founded in 1990 and based in Greensboro, North Carolina, ART employs around 100 staff members and holds FAA designation authorizations (Part 21 and 183). Its portfolio includes patents, Parts Manufacturer Approvals (PMA), and supplemental type certificates, which will allow AAR to perform more complex aircraft modifications in-house, reducing dependency on third-party certifications.
"This acquisition will elevate our in-house design and certification services and enable us to offer proprietary solutions," said John M. Holmes, Chairman, President, and CEO of AAR. The deal is expected to close in late 2025, pending regulatory approvals, and is projected to be immediately beneficial to AAR's margins and earnings.
By integrating ART’s qualifications, AAR anticipates expanding its market reach and technical expertise, supporting its strategic growth initiatives in the aircraft maintenance and modification sector. The move underscores AAR’s commitment to strengthening its technical capabilities and service offerings in the competitive aviation maintenance landscape.
