O2 Aero Acquisitions robust expansion plans, acquires Aerox:
O2 Aero Acquisitions have acquired Shaw Aerox for an undisclosed amount. Shaw Aerox is a leading designer and manufacturer of installed and portable oxygen systems and accessories for aviation and medical users.
Scott E. Ashton has been named the President and CEO. He was recently serving as CEO of a Part 145 repair station and as president of a leading Part 135 fractional ownership company, apart from being a part of several aviation management and technical roles throughout his career.
Ashton said, "Our plan for Aerox is to expand Aerox's leadership in integrated and portable oxygen systems for aircraft manufacturers, airlines, and the general aviation industry. I'm very much looking forward to helping Aerox's outstanding team meet the needs of our customers and the aviation industry."
Jim Driscoll, speaking on behalf of the sellers said, "Scott has a terrific reputation in the aviation industry for both his leadership skills and technical knowhow. We are delighted that he will be leading Aerox into the future and we wish him all the very best." Mr. Driscoll added "I also want to thank Alderman & Company, our investment bankers, for arranging this transaction."
Among its products are installed cabin emergency oxygen systems for pressurized aircraft, portable oxygen systems for light aircraft operators, personal emergency oxygen systems, and TSO-approved oxygen masks for business aircraft. Aerox pioneered long-duration portable oxygen systems with its Aerox Oxysaver Conserving Cannula. Aerox also operates an FAA Repair Station and is ISO9001 and AS9100D certified.
4 May 2020:O2 Aero Acquisitions have acquired Shaw Aerox for an undisclosed amount. Shaw Aerox is a leading designer and manufacturer of installed and portable oxygen systems and accessories for aviation and medical users.
Scott E. Ashton has been named the President and CEO. He was recently serving as CEO of a Part 145 repair station and as president of a leading Part 135 fractional ownership company, apart from being a part of several aviation management and technical roles throughout his career.
Ashton said, "Our plan for Aerox is to expand Aerox's leadership in integrated and portable oxygen systems for aircraft manufacturers, airlines, and the general aviation industry. I'm very much looking forward to helping Aerox's outstanding team meet the needs of our customers and the aviation industry."
Jim Driscoll, speaking on behalf of the sellers said, "Scott has a terrific reputation in the aviation industry for both his leadership skills and technical knowhow. We are delighted that he will be leading Aerox into the future and we wish him all the very best." Mr. Driscoll added "I also want to thank Alderman & Company, our investment bankers, for arranging this transaction."
Among its products are installed cabin emergency oxygen systems for pressurized aircraft, portable oxygen systems for light aircraft operators, personal emergency oxygen systems, and TSO-approved oxygen masks for business aircraft. Aerox pioneered long-duration portable oxygen systems with its Aerox Oxysaver Conserving Cannula. Aerox also operates an FAA Repair Station and is ISO9001 and AS9100D certified.
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