KONGSBERG and Patria will acquire AIM Norway

Kongsberg Defence & Aerospace (KDA), a subsidiary of KONGSBERG, has entered into agreement with the Norwegian Ministry of Defence for the purchase of Aerospace Industrial Maintenance Norway AS (AIM Norway), which is the Norwegian armed force’s business for maintenance, overhaul and upgrade of the Air Force’s aircraft and helicopters. In order to further strengthen AIM Norway’s deliveries, capability and competence, KDA and Patria have entered into agreement for a shared ownership where KDA’s ownership is 50.1% and Patria’s 49.9%.

Patria will contribute with important experience and competence within aerospace maintenance, and the two companies will jointly ensure a solid foundation for further development. The acquisition is a logical continuation of Patria’s work for the Norwegian defense forces in the helicopter area supporting their NH90 and Bell 412 fleets.

AIM Norway has played a major role in Norwegian aviation industry since 1916 and has 440 employees and revenues of 113 million euros (2017). AIM Norway also owns Belgium Engine Center (BEC), with its main operating base in Herstal, outside of Liege in Belgium. BEC is a one-stop shop for engine maintenance, repair and overhaul services.

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