Euroavionics GmbH Acquires LCX Systems
EuroAvionics GmbH from Germany has announced that it has acquired LCX Systems LLC of Sarasota, FL.
LCX Systems is the exclusive Value-Added Reseller of EuroAvionics solutions in the U.S. and Canada, providing technical consulting, training, project management and FAA Part 145 approved repair services.
Sven Bogner, President of EuroAvionics, said, “The acquisition of LCX Systems reinforces our commitment to the North American market. It effectively leverages our expertise to benefit our customers and means that we can further extend our first class service and product range to more users. This is the first step in a long-term effort that will increase our presence in North America.”
Herb Lustig, President of LCX Systems, said, “Over the past five years EuroAvionics and LCX Systems have developed an extraordinarily successful and complementary partnership. We look forward to working together as a single company to realize our exciting vision for the future.”
LCX Systems will operate as a wholly owned subsidiary and will retain the current management team. The company will be the domestic center for EuroAvionics manufacturing, design, sales, support and training.
Established as the OEM supplier of choice for Situational Awareness and Mission Management systems, EuroAvionics GmbH designs, produces and markets certified avionics systems and ground tools that interface with a wide range of third-party avionics and sensors. The EuroNav modular product range operates on a wide variety of new and retrofit platforms used by law enforcement, EMS, SAR, VIP, offshore, military and paramilitary users.