Safran Aircraft Engines finalized its takeover of Component Repair Technologies (CRT), an aircraft-engine parts repair operation center in Mentor, Ohio. The value of the acquisition was not announced.
CRT is a 450-employee organization that will be Safran Aircraft Engines’ “center of excellence” in the Western Hemisphere for repair of engine cases, rotating components, and other large engine parts.
Safran Aircraft Engines designs and manufactures commercial and military aircraft engines. The commercial aircraft engines – notably the LEAP and CFM56 high-bypass turbofan engines – are produced through CFM International, Safran’s joint venture with GE Aerospace.
CRT will perform engine parts repair for airlines with service contracts and other engine makers and third-party MRO companies.
Announcing the CRT acquisition in September 2024, Safran explained it is part of an estimated €1-billion investment program to expand its global engine maintenance/repair/overhaul (MRO) capacity.
“We are delighted to welcome CRT teams onboard to strengthen our MRO expertise,” stated Safran Aircraft Engines CEO Jean-Paul Alary. “This major acquisition perfectly reflects our industrial strategy of providing a world-class repair facility on each continent located as close as possible to needs in order to best serve our airline customers, and at the same time reduce our carbon footprint from these activities.”
