Nayak Aircraft Services CEO Marco Smit.
Following Nayak Aircraft Services’ acquisition of Hovby Aero AB/Nordic MRO earlier this year, CEO Marco Smit shares additional insights with Aviation Week Network on how the move supports the company’s growth strategy.
What motivated Nayak Aircraft Services to acquire Hovby Aero AB/Nordic MRO?
The main reason for this acquisition was the strong relationship between the management teams. We saw a great fit early on, which made it natural to start exploring the opportunity. Both companies share the same service-oriented mindset and complementary service portfolios and customer bases. It was clear that working together could bring benefits to both businesses and everyone involved.
What specific advantages does this acquisition bring to Nayak’s presence in Northern Europe, and what capabilities will it add to your portfolio?
By joining forces, Nayak is now present at nearly all major airports in Northern Europe, also expanding our capabilities to cover more aircraft types. This means our customers will have access to a broader range of services, faster response times and a stronger support network across the region.
Nayak will extend its capabilities to support the core activities on line and base maintenance. By this acquisition we have been able to extend the station list and service offering in Scandinavia, for example, on support for ATR aircraft and continuing airworthiness management organization activities.
How does this acquisition align with Nayak’s overall growth strategy for 2025? What else will you look to add this year?
We are growing organically by serving our customers and continuously improving our maintenance solutions for airlines and lessors. Aside from this, we are also pursuing acquisitions that help us expand faster. This deal is part of our strategy to strengthen our service offering and solidify our position as an MRO provider in Europe.
Nayak is for sure looking to extend the service portfolio and grow our presence. This will come with requirements for qualified staff, equipment and facilities. By the acquisitions we are seeking the right addition to our company with a right mixture of this.
What types of companies is Nayak looking at for potential acquisitions?
Most important for Nayak is to extend the service offering to our customers. Our setup is with a large network of line stations and base maintenance capabilities [which are] really extensive for our core activities on line maintenance. By extending the capabilities and the network, we are able to do more extensive work at all locations in Europe. By acquisition we can extend capabilities and network in some areas aside [from] our organic growth.
Will there be any changes to the existing teams or leadership structure?
The leadership team at Hovby Aero AB/Nordic MRO will stay in place to assure continuity. Stephane Klaver [one of the managing directors and maintenance manager] will complement the team to support the integration and help develop our Nordic operations. In this way, we will ensure sure the transition is smooth while we grow together.
Related Content
