STG Aerospace has announced it has been acquired by Heads-Up Technologies Inc. (or HUT), headquartered in Dallas.
HUT deliver cutting edge innovations to improve pilot and passenger experience. They are backed by JLL Partners, a well-established New York based private equity business.
With new launches, including a world-first at AIX in June of the narrowest ever floor path marking (saf-Tglo SSUL-X11), STG continues to innovate in its sector. The acquisition by HUT promises to enhance the offer to the industry as a whole, combining top engineering skills with agile customer service protocols, providing a powerful joint offer to the market.
STG Aerospace CEO, Grant Bennett, stated: “After two successful decades establishing STG as a world leader in aircraft cabin lighting, we are now moving to the next exciting phase of our growth.”
Robert Harshaw, president and CEO, Heads Up Technologies said: “We are thrilled to welcome the STG Aerospace team to Heads Up Technologies to leverage our collective lighting solutions to meet critical OEM and operator needs across the entire aviation market. STG Aerospace’s concept-to-certification capability and extensive intellectual property are excellent complements to Heads Up Technologies’ portfolio of lighting innovations.”
For STG customers, the message is essentially an enhanced ‘business as usual’ in terms of service, innovation and delivery.
“Under the new ownership, STG will continue to operate with a high level of autonomy, building on its strong brand and highly skilled team. STG will continue to deliver exceptional value to airlines and OEMs around the world,” added Bennett. “Designing high-quality emergency and cabin lighting systems that utilise our deep expertise and proprietary technology to create innovative solutions, is our goal. Combining the expertise and products of both Heads Up Technologies and STG Aerospace makes an exciting solution set.”