New Zealand-based Salus Aviation continues to expand its portfolio of companies with the acquisition of USA based Heli-Parts Nevada (HPN).
HPN is an excellent complement to Salus’ existing Oceania Aviation business; and Oceania and HPN have a long history of successfully working together.
The acquisition extends the service and parts offering to HPN customers in New Zealand and to Oceania Aviation customers in the USA, and provides Salus with access to the important USA market to meet its future growth aspirations.
HPN is the single largest provider of overhauled and used Airbus components and Safran Turbomeca engines globally. HPN also offers hourly engine leases to customers as part of its Engine Power on Demand (EPOD) program.
The business is located in a 10,000 square foot warehouse in Boulder City, Nevada. HPN founder David Lok has 25 years in the aviation industry and holds Canadian, European and American certificates in aircraft maintenance and technology. David will remain President of HPN USA to ensure the continuation of quality support and services and will join the Salus executive management team. Lok will also become a shareholder in Salus Aviation.
Airbus continues to hold the majority of the helicopter market making HPN an idea fit for Salus Aviation as the company builds a portfolio of companies that will grow our profitable and sustainable future, says Lok.
Salus Chief Executive Nick Mair said “David and the HPN team’s passion for providing quality service to their customers is a trait that fits well with the values of Salus. I am looking forward to working with David to further extend the reach of HPN into the Asia Pacific region.”
"With a quality acquisition such as HPN, Salus is well placed to benefit from the increase in service offerings that HPN brings to the Group. Salus also looks forward to extending our exceptional customer service to the important US market”.