CHEP Aerospace Solutions strengthens ULD repair network through the acquisition of Airworld

March 4, 2014

CHEP Aerospace Solutions is pleased to announce the acquisition of Airworld Services and Airworld Containers, a specialist unit load device (ULD) maintenance and repair organisation (MRO) with facilities at London Heathrow, London Gatwick, Manchester and East Midlands airports, increasing the number of CHEP-owned MRO facilities to 29 stations worldwide.

Airworld employs 86 staff and serves global airlines and service providers including British Airways and DHL. Airworld’s stations are EASA Part 145 certified and will be integrated into the global CHEP Aerospace Solutions MRO network connected through CHEP’s proprietary web-based global repair management system ACTIS.

Airworld former owner, Mr. Gwyn Powell, said: “CHEP Aerospace Solutions’ ownership is a natural evolution of the Airworld business and we are very pleased to have found in CHEP a strategic owner who will provide continuity for Airworld staff and customers. The acquisition will bring considerable additional opportunities of growth, provide financial security and ensure access to CHEP’s expertise, technologies and corporate values for the benefit of our staff, customers and suppliers. The Airworld team looks forward to working with its new owner and to the integration into CHEP Aerospace Solutions.”

CHEP Aerospace Solutions President, Dr. Ludwig Bertsch, said: “The acquisition of Airworld is a further important step towards building a global Aerospace business. Airworld has an exceptional reputation in the industry and we were able to experience its high quality standards while the company performed repair services to CHEP Aerospace Solutions during 11 years as a sub-contracted ULD repair partner. We look forward to welcoming the Airworld team to the CHEP business and are confident that it will play an important part in our continued growth and success.”