Chorus Aviation Inc. is to acquire independent parts distributor Kadex Aero Supply. The acquisition is valued at approximately CAD $50m and is expected to close during the second quarter of 2026.<\/p>\n
Kadex, a private company founded by principals John Lavery and Ken Blow in 1994, generated approximately $60 million1 in revenue in 2025. Kadex employs approximately 50 people across two locations, with its main location in Peterborough, Ontario and a regional supply location in Calgary, Alberta.<\/p>\n
READ:\u00a0Areas completes THS acquisition in US<\/a><\/strong><\/p>\n \u201cThis acquisition represents a significant step forward in our strategy to grow and diversify Chorus\u2019 aviation, aerospace and defence services,\u201d said Colin Copp, President and Chief Executive Officer, Chorus. \u201cKadex is a highly respected company with strong OEM and customer relationships and has a proven operating model with a growing revenue stream that is expected to enhance the durability of our earnings profile.\u201d<\/p>\n \u201cKadex will add a complementary platform to our used serviceable materials business, delivering consistent cash flows aligned with our long\u2011term focus on shareholder value,\u201d noted Mr. Copp. \u201cWe look forward to welcoming John, Ken, and the entire Kadex team to Chorus, as they continue to build on the strong foundation they have created for the Kadex brand and reputation.\u201d<\/p>\n \u201cOver the past 30 plus years, we have been focused on building a leading company committed to servicing our customers\u2019 aviation supply needs. Becoming part of the Chorus family of businesses is an exciting next step for Kadex and our employees \u2013 and we look forward to working with the Chorus team as we continue to grow our business,\u201d said John Lavery, President and CEO, Kadex.<\/p>\n \u00a0<\/p>\n The post Chorus Aviation to acquire Kadex for CAD $50m<\/a> appeared first on Aviation Business News<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Chorus Aviation Inc. is to acquire independent parts distributor Kadex Aero Supply. The acquisition is valued at approximately CAD $50m and is expected to close during the second quarter of 2026. Kadex, a private company founded by principals John Lavery and Ken Blow in 1994, generated approximately $60 million1 in revenue in 2025. Kadex employs […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1678","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/posts\/1678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/comments?post=1678"}],"version-history":[{"count":0,"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/posts\/1678\/revisions"}],"wp:attachment":[{"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/media?parent=1678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/categories?post=1678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/tags?post=1678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}