US aircraft engine parts manufacturer Pursuit acquires Leesta

Pursuit Aerospace, a US-based manufacturer of complex aircraft engine components, has announced the completion of its strategic acquisition of Leesta Industries, Inc. 

Founded in 1964, Canadian company Leesta specializes in the machining of flight-safety-critical aeroengine components used across a range of commercial and military aircraft platforms.

The acquisition expands Pursuit’s aeroengine machining and fabrication capabilities, enhancing its ability to serve customers across the aeroengine value chain. Leesta’s expertise in advanced manufacturing, automation, and technology-driven production further strengthens Pursuit’s capabilities, according to a press release. 

“Leesta represents a highly strategic addition to Pursuit Aerospace that aligns closely with our growth priorities,” said Doug Folsom, Chief Executive Officer of Pursuit Aerospace. “This acquisition expands our component offerings on several key Pratt & Whitney engine platforms, deepens the technical capabilities of our aeroengine machining operations, and creates additional opportunities to leverage Pursuit’s integrated forging and casting capabilities.”

“Partnering with Pursuit Aerospace creates exciting new opportunities for both our customers and our employees,” said Ernest A. Staub Jr., President and Chief Executive Officer of Leesta. “I am confident Pursuit’s scale, broad capabilities and commitment to manufacturing excellence will support Leesta’s continued growth and success for years to come.”