AeroTime: ITP Aero Strengthens Aerospace Aftermarket with Acquisition of Aero Norway
ITP Aero has signed a binding agreement to acquire Aero Norway, a Norway-based engine maintenance provider specializing in CFM56 engines. The deal is expected to close in the first half of 2026, subject to customary regulatory approvals. Aero Norway employs over 200 people and provides maintenance services for narrowbody aircraft variants powering Airbus A320-family and Boeing 737 aircraft. ITP Aero CEO Eva Azoulay described the acquisition as a key step in its long-term growth plan aimed at becoming a leading independent player in the aerospace aftermarket.