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Synopsis
Private equity firm AURELIUS Equity Opportunities completed the investment in ZIM Flugsitz, a supplier of high-quality seats for commercial passenger aircraft. Financial terms were not disclosed. "With a development department recognized across the industry and an innovative, high-quality product portfolio especially for the economy and premium economy classes, ZIM Flugsitz is well positioned to benefit from the long-term growth trend in the market for aircraft seats. The company’s customers include many international airlines such as Lufthansa, Singapore Airlines, Japan Airlines and ANA. Thanks in particular to its expertise in the fast-growing market segment of premium economy aircraft seats, the company has a very good, long-term order backlog," AURELIUS.
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