Last month Raisbeck Engineering Inc. announced its decision to sign a definitive acquisition agreement with Butterfield Industries for all of its products and STCs. The deal was anticipated to close on or before October 31, 2017.
Butterfield Industries produces FAA approved replacement parts for numerous King Air models. Key products include: PMA Direct Replacement Floorboards, Fuel Point Pans, Oil Residue Collection Systems, Air/Oil Separator Systems and Flow-Through Anti-Ice Kits.
Raisbeck said that Butterfield’s products are a natural fit with Raisbeck’s King Air offerings, and many of the aircraft that carry Raisbeck modifications also carry Butterfield systems.