BREA, CA, February 7, 2012 – Kapco Global today announced that it had entered into a definitive agreement for AAXICO to join the Kapco Global family. According to Bill Korth, AAXICO’s CEO, “Together, our companies have been providing one hundred years of service to the aviation community.” This year AAXICO celebrates its sixtieth anniversary, while Kapco Global celebrates its fortieth.
The joining of the two companies is part of Kapco Global’s strategic plan to broaden its product breadth and increase its market presence around the world. Headquartered in Miami FL, AAXICO has offices worldwide and distribution centers in the US, Europe and Asia. In addition to its headquarters in Brea, CA, Kapco Global has multiple stocking warehouses in the US and in three locations in Europe; together we are strategically positioned with 13 facilities in 3 continents within the Americas, Europe, and Asia.
Like Kapco Global, AAXICO both manufactures and distributes a variety of aviation products including avionics, lighting, engine related equipment, sensors, indicators, and bearings. AAXICO’s products fit well into Kapco Global’s three core product families: Machined Products and Assemblies; Electrical Connectors and Components; and Seals, Clamps and Couplings. The combined product portfolio is consistent with Kapco Global’s focus on providing a broad array of aviation products to support the needs of its customers and partners.
Andrew Todhunter, Kapco Global’s CEO and President, outlined the fit between the two organizations: “AAXICO enjoys a reputation for quality and service as well as a shared philosophy of integrity and commitment to employees and partners. Along with worldwide presence and expanded breadth of products, the combination of the two companies brings a wealth of knowledge and continued dedication to providing exceptional products and service to customers around the globe.”