Continental Motors Group entered into an agreement with Danbury Aerospace to purchase essentially all of the assets associated with its operating divisions: Engine Components International, Precision Machined Parts, Airmotive Engineering, Aircooled Motors, Sterling Machinery and Process and EC Services located at its site in San Antonio, Texas, as well as the Titan brand of engines and parts.
Danbury Aerospace is a holding company specializing in parts manufacturing authorization (PMA) and experimental engine technologies for the certified and experimental piston-engine-powered segments of the general aviation market. The company, which offers its products under the brand Engine Components International, has been designing and manufacturing components and engines since 1943. Its capabilities include PMA design and certification, engine design and certification, operation of a Part 145 repair station for piston aircraft engines and parts, manufacturing process design, manufacturing system design and production and sales, service and support.
The acquisition represents a strategic opportunity for Continental Motors Group (CMG) to leverage Danbury Aerospace’s assets to expand into the kit market, experimental market and certified aftermarket and to serve these markets in an integrated fashion. In addition, the company will focus on expanding the experimental engine product into key certified aircraft segments that CMG has been unable to serve before now. Titan products will retain the brand name.
