Patria to acquire Belgium Engine Center.

Patria, an international defense company, acquired 100% of the shares of Belgium Engine Center, a military jet engine maintenance, repair, and overhaul center, from AIM Norway to further strengthen BEC’s capabilities and business. Financial terms were not disclosed. “The purchase of BEC is an important milestone for Patria. Growth in international maintenance operations is at the core of our strategy. Patria has a long history and solid know-how in aircraft maintenance, including their engines, both in Finland and other Nordic countries, and now with this acquisition, this business will be expanded”, states Jukka Holkeri, President of Patria’s International Support Partnerships business unit.