Aeromax Industries, a Fort Worth, Texas-based provider of commercial and military aerospace aftermarket support, has acquired The Ely Co., Inc., a precision aerospace machining company in Torrance, California.
This marks Aeromax’s first acquisition since its purchase by Chimney Rock Equity Partners. Ely, founded in 1955 and owned by the Senff family since 1964, specializes in tight-tolerance metallic components for commercial and military aerospace customers. Its capabilities include milling, turning, and assembly for major aerospace clients.
Kurt and Wally Senff will continue leading Ely as part of Aeromax. Sean Khosrovani, Aeromax president and chief operating officer, stated that Ely adds valuable precision metallic production capabilities that align with Aeromax’s plans to expand manufacturing.
The Senff brothers noted their pride in Ely’s 60-year reputation and anticipation of growth opportunities through the partnership with Aeromax’s customer base.
Transaction terms were not disclosed. JANAS Associates advised the seller.