||SIA Engineering Company Ltd
Deal in Brief
SIA Engineering Company Limited (SIAEC), a Singapore-based provider of aircraft maintenance, repair and overhaul (MRO) services, has signed a memorandum of understanding (MOU) to partner with Stratasys, Ltd., a US-based manufacturer of three-dimensional (3D) printers and and materials, to accelerate the adoption of 3D printed production parts for commercial aviation.
Under the terms of transation, the parties will explore a joint venture (JV) to be majority owned by SIAEC.
SIAEC and Stratasys intend to establish a Singapore-based Additive Manufacturing Service Centre, offering design, engineering, certification support and part production to SIAEC’s network of partners and customers.
The transaction will enable SIAEC to strengthen its suite of MRO solutions and enhance its support to customers.
31 Airline Road, Singapore
7665 Commerce Way, Eden Prairie,
United States of America
1 972 8 931 4314