Penton said it has announced the acquisition of MRO Network, which will expand its position as the premier information services provider and event producer for the fast-growing aircraft maintenance, repair and overhaul (MRO) segment.
The acquisition of MRO Network, including the Airline Purchasing & Maintenance Europe (ap&m) Expo, expands Penton´s events business and enhances its data and marketing services businesses through the addition of more than 50,000 MRO professionals to Penton´s MRO Links digital directory platform.
The ap&m event focuses on second, third and fourth-tier aftermarket suppliers, providing the perfect complement to Aviation Week´s MRO Europe event, which engages tier one and two suppliers. In addition to the ap&m Expo, other MRO Network assets include a global conference series, the ATE&M Awards, and a portfolio of media and digital products.
Headquartered in New York, Penton is privately owned by MidOcean Partners and Wasserstein & Co., LP.