Malabar Holding Company, comprising Malabar and DAE, has been bought by Tronair for an undisclosed sum.
Tronair will add Malabar ground support equipment (GSE) products – principally axle jacks for commercial and military aircraft – to its portfolio. The Malabar product line also includes coolant service carts for B-787 and A350 aircraft; fluid dispensers; and a range of access, lifting, and handling equipment.
The Malabar transaction is the latest in a series of acquisitions for Tronair, which itself was sold to Golden Gate Capital in September 2016. In January 2015, Tronair bought the commercial towbar and tailstand product lines of WASP Inc, followed by Eagle Tugs in December 2015, and Quality Products Inc, the holding company of Columbus Jack/Regent and GSE Spares, in March 2017.