AVIC International, the Chinese holding company that owns Continental Motors, announced today that it has acquired the assets of Germany’s bankrupt Thielert Aircraft Engines GmbH, and formed a new company to produce the Centurion line of engines in Germany.
Technify Motors is a newly formed subsidiary of AVIC (the Thielert name has been dropped), and will work together with Alabama-based Continental to produce, sell and service a full line of jet-A-burning piston engines.
