NARBERTH, PA — AEFP Group this week announced its acquisition of Johnson Precision Products, a major move that signals a transformative leap in the company’s strategic growth. The acquisition adds a new dimension to AEFP’s existing Aero Engineering and EF Group divisions and continues to solidify its position as a leader in the aerospace and defense industry.
Johnson Precision Products, based in Greater Los Angeles, is known for its precision machining and manufacturing prowess. Its incorporation into the AEFP Group strengthens the latter’s portfolio and reaffirms its commitment to providing cutting-edge solutions to the aerospace and defense sectors.
John Mann, M&A Manager for AEFP Group, expressed enthusiasm about the acquisition. “Integrating Johnson Precision Products into the AEFP family aligns seamlessly with our mission,” said Mann. “We’re now better positioned to provide top-tier precision parts and assemblies to our aerospace and defense clientele across North America.”
In conjunction with the acquisition, AEFP Group has also welcomed Joe DeMartino as its new CEO. DeMartino, a seasoned industry veteran renowned for his strategic leadership and operational expertise, is expected to guide AEFP Group towards accelerated growth and innovation.
“The exciting addition of JPPI expands our capabilities in the hydraulics and fuels systems components arena,” said DeMartino. “Combined with our strong electro-mechanical assembly competency, we can offer our customers increased value with higher level, integrated complex assemblies.”
Emko Capital, a leading manufacturing-focused private equity firm, has backed the acquisition and executive appointment. Josh Kowitt, Managing Partner at Emko Capital, commented, “These developments signify our dedication to AEFP Group’s expansion and leadership in precision parts and assemblies for the aerospace and defense industry in North America.”
As AEFP Group integrates Johnson Precision Products and welcomes DeMartino, the company is set to continue its upward trajectory, offering enhanced capabilities and increased value to its clients in the aerospace and defense sectors. With Emko Capital’s support, AEFP Group is well-positioned to reach new heights of innovation and operational excellence within the industry.
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