Essential Turbines (ETI) acquired AeroMaritime Mediterranean (AML), a 45-year-old Malta-based Rolls-Royce authorized maintenance, repair, and overhaul center (AMROC) with 36 MRO professionals and full AMROC capabilities, including a 1,000 ship test cell and propeller test stand; it will now operate as Essential Turbines Malta and join ETI's network of operations in North America.
Key Takeaways
- Essential Turbines has acquired AeroMaritime Mediterranean, now operating as Essential Turbines Malta, expanding its global MRO footprint.
- The acquisition enhances ETI’s capabilities in the RR250/300 platforms and strengthens support across Europe, Africa, and the Middle East.
- This move supports ETI’s strategic growth through OEM partnerships, added capabilities, and a stronger regional presence.
"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:
- expanding core market leadership in the RR250/300 platforms
- advancing additional strategic engine programs with OEM partnerships
- adding MRO capabilities and regional presence through targeted acquisitions and partnerships
ETI's customers will have 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.
"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."
MRO Market
Our March/April cover story outlined how industry leaders are adapting maintenance strategies to incorporate data-driven insights and provide rapid, efficient solutions that keep critical equipment running.
With the global rise of decarbonization initiatives and smart technologies such as AI-enabled monitoring, control, and diagnostics platforms, OEMs and service providers are integrating sustainability, reduced waste, and digitalization into their maintenance and repair strategies. While traditional maintenance methods and service centers will continue to exist, companies are employing more advanced methods once a turbine arrives in shop.
“The turbomachinery maintenance, repair, and overhaul (MRO) market is worth over US$30 billion and is expected to grow significantly in the upcoming decade,” according to Frank Ma, President of JFMA Consulting LLC. He said this is predominantly driven by increasing energy demand, industrial reshoring, and large-scale infrastructure build-out. “These needs are extending the operational life of existing turbomachinery fleets and driving growth for MRO services.”
There’s a growing emphasis on extending maintenance intervals with data-driven, machine-based insights that consider a system’s history. With this in mind, the industry aims to blend traditional in-house maintenance and repair with predictive and preventative strategies.