Specialty chemicals distributor GracoRoberts has acquired Sky Mart, an aerospace chemical, lubricant and specialty fluids stocking distributor based in Miami, FL.

According to a Jan. 15 news release, Arlington, TX-based GracoRoberts believes the acquisition will significantly bolster its reach into the $6.5B Latin American aerospace MRO market, scale its AOG capability and offer its customers access to a considerable breadth of in-stock lubricants, amplifying SkyMart’s position in the aerospace specialty chemicals market.

The addition of Sky Mart to the GracoRoberts’ portfolio expands its technical sales coverage throughout Latin America, the Caribbean, Florida and portions of the U.S., while adding an additional 42,000 square feet of fulfillment centers in Miami, San Antonio and Indianapolis.

Jason Caldwell, President and CEO of GracoRoberts, commented on the acquisition. “This partnership strengthens our ability to serve the global aerospace community, especially in the important Latin America and Miami markets, with an enhanced stocking position, broader product offerings, and a scalable bolt-on ecommerce presence and AOG platform for an industry that requires speed and dependability.”

Sky Mart had been family-owned for four decades.

“At Sky Mart, our operating philosophy is simple and unwavering: stock the right products, deliver exceptional service, and get it right the first time,” Sky Mart Co-Founder and PResident Juan Gregorio Robbin added. ” This guiding principle has earned us the trust of a loyal Latin and North American customer base, and by joining the GracoRoberts’ family, we can deliver even more value to our customers.”

The acquisition of Sky Mart is supported by CM Equity Partners, its private equity sponsor. Skymart is the sixth acquisition for GracoRoberts over the past seven years, following additions of E.V. Roberts, Able Aerospace Adhesives, Silmid, SkyGeek and Pacific Coast Composites.