# AvAir acquires Lufthansa Technik rotable spares inventory for $100M

AvAir acquired the complete rotable spares pool inventory from Lufthansa Technik Component Solutions, including 9,000 line items valued at $100 million, under a long-term aftermarket sales agreement.

- Type: Acquisition
- Announced: 2020-04-29
- Where: Chandler, Arizona, United States
- Value: $100.0M
- Status: announced
- Products: rotable spare parts, aircraft components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Lufthansa Technik](https://endata.com/companies/2303.md) (target)
- [AvAir](https://endata.com/companies/46871.md) (acquirer)
- [Lufthansa Technik Component Solutions](https://endata.com/companies/46878.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/avair-and-lufthansa-techniks-component-division-announce-large-material-take-over-301048989.html), 2020-04-29: "AvAir Acquires Surplus Rotables Valued at $100 Million"
- [avair.aero](https://avair.aero/news/avair-and-lufthansa-techniks-component-division-announce-large-material-take-over/), 2020-04-29: "The Arizona-based company acquired the complete rotable spares pool inventory that includes 9,000 line items valued at $100 million."
- [aerospacemanufacturinganddesign.com](https://www.aerospacemanufacturinganddesign.com/article/avair-acquires-lufthansa-techniks-spares-inventory/), 2020-06-01: "Chandler, Arizona-based AvAir has acquired Lufthansa Technik’s overstock of rotable spares inventory that includes 9,000 line items valued at $100 million."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.