Essential Turbines Inc. Acquires new Location in Malta

Essential Turbines Inc. Closes Acquisition of AeroMaritime Mediterranean, Launches Essential Turbines Malta as European MRO Hub

Montreal, QC and Malta, EU – Essential Turbines Inc. (ETI), a global provider of engine and component MRO (maintenance, repair, and overhaul) services, today announced the successful completion of its acquisition of AeroMaritime Mediterranean Ltd. (AML), a Malta-based Rolls-Royce authorized MRO center (AMROC).

With this milestone, the business will now operate as Essential Turbines Malta, joining ETI’s network of operations in North America and extending its strategic footprint into the Euro-Mediterranean region. The site brings over 45 years of expertise, a team of 36 MRO professionals, and full AMROC capabilities, including a 1,000 shp test cell and propeller test stand.

“This is a pivotal moment for Essential Turbines,” said Gannon Gambeski, President of ETI. “The addition of Essential Turbines Malta strengthens our ability to serve customers globally and reflects our commitment to scalable, strategic growth. We’re proud to welcome the team to ETI and to build on the strong foundation established under ITP Aero.”

The integration of Essential Turbines Malta supports ETI’s long-term growth strategy, which focuses on expanding core market leadership in the RR250/300 platforms, advancing additional strategic engine programs with OEM partnerships, and adding MRO capabilities and regional presence through targeted acquisitions and partnerships.

For ETI’s customers, the acquisition means greater proximity and agility in service delivery across Europe, Africa, and the Middle East. Current service levels will be maintained, with integration focused on improving consistency, collaboration, and
enhanced value across all ETI locations.

The move reinforces ETI’s people-first approach to growth. The Malta team brings deep technical experience and regional insight that will enrich ETI’s operational culture and capability set.

“We are investing in people, platforms, and global reach to scale our mission,” said Elias Lebovits, Managing Partner of Swift Anchor Holdings, ETI’s lead shareholder. “The acquisition of ETI Malta marks another important step in ETI’s evolution as a high-performance MRO partner to the world’s leading operators and OEMs.”

About Essential Turbines
Essential Turbines, headquartered in Montreal, with locations in Vancouver and Mesa, Arizona, is a leading aerospace maintenance, repair, and overhaul (MRO) provider with a focus on helicopter and fixed-wing turboshaft engines. ETI is a specialist in the Rolls Royce M250 and RR300 engines, as well as turbofan engines modules, components, and accessories. Essential Turbines is backed by Swift Anchor Holdings and Balance Point Capital. Essential Turbines is actively pursuing strategic investments and acquisitions.

Essential Turbines joins the Rolls-Royce FIRST Network

We’re proud to announce and share that Essential Turbines, Inc. has joined the Rolls-Royce FIRST Network as an Authorized Maintenance Repair & Overhaul Center. The signing took place on the first day of the 2023 HAI HELI-EXPO between Essential Turbines President Michael E. Guntner and Executive Vice President, Michael F. Guntner and the Rolls-Royce team.

The Rolls-Royce FIRST Network is a global listing of more than 30 authorized facilities providing affordable, reliable support solutions for operators of Rolls-Royce M250 and RR300 engines.

As part of the FIRST Network, Essential Turbines keeps your fleet operational by providing the following key services:

Engine maintenance services
Module repair and overhaul services
Engine repair and overhaul services
Component and accessory repair, overhaul, and exchange services
Field support personnel
Warranty administration
Technical data

In addition to our highly skilled aerospace-related capabilities, we offer an array of custom solutions and services from pre-buy inspections to welding and special projects.

Scott Cunningham, Rolls-Royce program director for helicopters, called the latest members of the First Network ‘key additions’, adding, “Their specialized skills, commitment to excellence and focus on the customer will further strengthen our First Network giving operators additional flexibility and competition for local service and support on their Rolls-Royce helicopter engines.”