SR Technics Invests In Armac

Swiss MRO firm SR Technics is to invest an undisclosed sum in Armac Systems, a provider of inventory management software.

Swiss MRO firm SR Technics is to invest an undisclosed sum in Armac Systems, a provider of inventory management software.

The deal is set to bring the two companies into a “close strategic partnership” which will benefit SR Technics’ customers by offering “enhanced” inventory planning and monitoring systems, says the MRO.

The firms have a history of collaboration and Armac System’s CEO Micheál Armstrong described the move as “a natural evolution”.

André Wall, CEO of SR Technics, confirmed that the investment would allow the MRO to offer “superior total asset life-cycle management solutions”.

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