Aerospace hardware companies merger

Citation

(2001), "Aerospace hardware companies merger", Aircraft Engineering and Aerospace Technology, Vol. 73 No. 5. https://doi.org/10.1108/aeat.2001.12773eab.017

Aerospace hardware companies merger

Aerospace hardware companies mergerKeywords: CJ Fox, Satair, Satair Hardware Group, Fasteners

One of the UK's largest aerospace parts distributors has just announced a merger with the hardware division of one of Europe's biggest distributors. CJ Fox, a private company formed over 50 years ago and based at Shoreham Airport in West Sussex, is joining forces with Danish aerospace group Satair A/S to form Satair Hardware Group (SHG) (see Plate 10).

Satair will hold a 56 per cent share of the newly formed company and CJ Fox will hold the remaining 44 per cent. Both CJ Fox and Satair consider the merger to be an offensive step in a market characterised by increasingly fierce competition. In recent years both companies have been exposed to growing competition from US hardware distributors, but SHG will now provide a strong European alternative with excellent prospects for growth. Satair A/S's core business, the global distribution of spare parts to airlines, continues unchanged.

Plate 10 Left to right: chief executive Rod Scott with president Sean O'Connor

The new company will specialise in supplying fasteners, fastening systems and related hardware to aircraft original equipment manufacturers (OEMS) and will incorporate CJ Fox and the two Satair OEM subsidiaries, Satair SA (France) and Satair Hardware A/S (Denmark). It will also provide just-in-time, automatic parts replenishment and other customised inventory management services.