Story updated on 7 May to include comments from Seabury's CEO and to note the company's correct headquarters.

Aviation software company Seabury Enterprise Solutions has acquired Volartec, an Argentina-based manufacturer of MRO software products, for an undisclosed sum, according to a media release from Seabury’s parent company Seabury Group.

Seabury, based in New York, says it acquired Volartec in a bid to expand its software offerings, specifically noting that it will upgrade its suite of products to include Volartec’s Alkym.

The Alkym product is an MRO software system that manages the flow of information between different maintenance functions, including engineering, planning, warehousing, production and quality control, according to Volartec’s website.

Seabury chief executive Bijoy Mechery tells Flightglobal the acquisition will complement the company’s existing technology products. Those include its airline performance analysis system (APAS), a flight profitability and analysis product, and its contract performance analysis system (CPAS), which helps carriers manage contractual terms and conditions.

Mechery says he hopes to expand Alkym’s products to MRO providers and even airlines in new regions, including in North America.

He says the product can provide benefits to a range of maintenance shops, including those that provider services to airlines, charter companies and helicopter operators.

"This product will fit in with any kind of workshop... Wherever you are doing repairs on engines and parts," he says.

Seabury does not say how much it paid for Volartec.

Source: Cirium Dashboard