Platinum Equity completed the acquisition of Unical Aviation.

Platinum Equity, an American private equity investment firm, completed the acquisition of Unical Aviation, a provider of aircraft parts and components to the global commercial aerospace market. Financial terms were not disclosed. "Unical is one of the largest and most trusted suppliers of aftermarket parts and services to aviation customers around the world. As post-pandemic air passenger traffic rebounds and the air cargo market continues to grow, the need for available inventories of quality parts is expected to increase. The aviation industry also anticipates significant levels of fleet retirement, which will create ample levels of supply to meet that growth in demand. As a critical link in the aviation supply chain with more than 30 years of experience, we believe Unical's value proposition will be more important than ever," Jacob Kotzubei, Platinum Equity Partner.