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have taken the best of the best practices from each company to create a winning formula for<br />

our customers. They want and desire the highest levels of technical quality, know-how and<br />

support combined with real economies of scale, and the enlarged <strong>SR</strong> <strong>Technics</strong> can fulfill<br />

these requirements in every respect.”<br />

Frank Turner, Chairman, <strong>SR</strong> <strong>Technics</strong>, added: “The enlarged group has emerged as the<br />

world’s leading independent Total Solutions Provider to the aviation industry. The<br />

integration of FLS Aerospace has brought us greater scale, geographical reach and<br />

technical competence with a wide range of both Boeing and Airbus capability. We now have<br />

a strong foothold in Europe and Asia Pacific and are well positioned to capture additional<br />

market share both through organic growth and through further acquisitions. We look forward<br />

to the year ahead with great confidence.”<br />

The group will continue with plans to integrate IT and implement one enterprise-wide IT<br />

system, SAP, across the organisation. SAP is currently in place at <strong>SR</strong> <strong>Technics</strong> Switzerland<br />

and is expected to be rolled out at <strong>SR</strong> <strong>Technics</strong> UK and <strong>SR</strong> <strong>Technics</strong> Ireland late this year.<br />

For further information contact:<br />

<strong>SR</strong> <strong>Technics</strong><br />

Mary Mannion Dominik Mueller<br />

Head of Corporate Communications Deputy Head of Corporate Communications<br />

Tel: +353 1 886 6456 Tel: +41 43 812 87 10<br />

Fax: +353 1 888 8889 Fax: +41 43 812 14 98<br />

Moblie: +353 86 852 4711 Mobile: +41 79 459 90 32<br />

Email: mary.mannion@srtechnics.com Email: dominik.mueller@srtechnics.com<br />

About <strong>SR</strong> <strong>Technics</strong><br />

<strong>SR</strong> <strong>Technics</strong> is the world’s leading independent Total Solutions Provider of aircraft,<br />

component, engine and technical services. With a workforce of some 5 000 personnel, the<br />

group generates total operating revenues of USD 1.2 billion a year. <strong>SR</strong> <strong>Technics</strong> is under<br />

the ownership of a group made up of venture capital investors 3i and Star Capital and <strong>SR</strong><br />

<strong>Technics</strong> management.<br />

<strong>SR</strong> <strong>Technics</strong> offers technical solutions and services to over 100 customers around the<br />

world, handling more than 350 aircraft, over 300 powerplants and some 78 000 components<br />

year. For further information please visit www.srtechnics.com.

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