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Alderman Facilitates the Sale of Aerox Aviation Oxygen Systems to O2 Aero.

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MANews-(C)2009-2020

US-based special purpose acquisition company O2 Aero Acquisitions, LLC has acquired oxygen systems and accessories maker Shaw Aerox, LLC, with US-based mergers and restructuring advisor Alderman and Company serving as adviser to Shaw, Alderman said.

Shaw Aerox offers installed and portable oxygen systems and accessories for aviation and medical users.

Terms of the deal were not disclosed.

Scott E. Ashton, O2 Aero acquisitions managing director, has been named president and CEO.

The company, which has been rebranded as Aerox Aviation Oxygen Systems, LLC, was established in 1981 and provides the aviation industry with innovative oxygen delivery systems and products for general aviation, EMS, medical, and OEM manufacturers.

Among its products are installed cabin emergency oxygen systems for pressurized aircraft, portable oxygen systems for light aircraft operators, personal emergency oxygen systems, and TSO-approved oxygen masks for business aircraft.

Aerox pioneered long-duration portable oxygen systems with its Aerox Oxysaver Conserving Cannula. Aerox also operates an FAA Repair Station and is ISO9001 and AS9100D certified.

Ashton brings to Aerox an extensive career in the aviation industry, including recently serving as CEO of a Part 145 repair station and as president of a Part 135 fractional ownership...

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