Rhinestahl Corporation has entered into an agreement to acquire HYDRO Systems and, together, form RH Aero Systems, which will provide enhanced capabilities in the aviation support equipment and services market.
The agreement was announced at MRO Americas during a presentation by Dieter Moeller, CEO and President of Rhinestahl, and by Thomas Elsner, CEO of HYDRO.
As a combined entity, RH Aero Systems will focus on comprehensive life cycle solutions, covering engine and airframe tooling and ground support equipment, as well as asset management and sustainment.
“The synergies between these two industry leaders will fundamentally shift what the market can expect from a one-stop-shop solution provider,” said Thomas Elsner, CEO of HYDRO.
“Previously, when you assessed the tooling and GSE market, there were a handful of significant players. But now, in combining Rhinestahl and HYDRO, the two largest and most comprehensive industry leaders, along with the synergies that will be available to all our customers by leveraging the two business’s complimentary expertise, competencies, and resources, game-changing value will be created for our customers,” added Dieter Moeller, CEO and President of Rhinestahl.
As an MRO, Rhinestal provides OEM-approved turbine engine tooling, aftermarket tooling and technical services for the commercial and military aviation markets. HYDRO supports the industry with maintenance, repair and assembly solutions for aircraft, including ground support equipment, airframe and engine tooling, and engine transportation.
As the two companies integrate, RH Aero Systems will continue working through its strong operating businesses of Rhinestahl and HYDRO.
Image credit: Rhinestahl Corporation
