Bain Capital completed a $817m majority investment in Showa Aircraft Industry.

Bain Capital completed a $817m majority investment in Showa Aircraft Industry, which manufactures aircraft equipment and specialty vehicles such as tank lorries and arm elevators. Bain Capital now fully owns the business and Showa Aircraft Industry has been delisted from the Second Section of the Tokyo Stock Exchange. "We are pleased to partner with Showa Aircraft, a well-established company that contributed significantly to the development of Japan’s transportation industry for more than 80 years. Through the redevelopment of Showa Aircraft’s real estate assets, we hope to support the local economy in Akishima and meet the growing demands of the city’s expanding population. We will leverage our deep operational expertise to support and grow the company’s manufacturing business," David Gross-Loh, Bain Capital Managing Director.