Advanced Logistics for Aerospace (ALA) has signed a definitive agreement to acquire the UK-based STAG Group, and its controlled companies: Spectech UK, Spectech France, Spectech US in a transaction that is expected to be completed in May 2016, the company said.
The agreement combines the strengths of ALA and STAG and will leverage both companies´ industry expertise and geographical footprint. The STAG Group acquisition strategically fits with ALA´s priorities of European expansion and development of the market in the US, and reinforces ALA worldwide position as a distribution and supply chain solutions provider.
ALA is a stocking distributor and provider of advanced logistics and innovative supply chain services and solutions to the aerospace industry. ALA has its main office in Naples, Italy with logistics plants and operating companies in Italy and in North America.
STAG Group is a stocking distributor and supply chain services provider for the aerospace industry. STAG has its branches in UK, France and US (Seattle). STAG also operates in the aircraft interiors manufacturing market, with the companies Race Completions and Flitetec; these companies are not part of the ALA acquisition and will continue to operate on a stand-alone basis.