Announced
Financials
Tags
Single Bidder
Private Equity
Private
Germany
Majority
Mechanical and Electrical Maintenance
air cargo
Aerospace
Domestic
repair and maintenance
Acquisition
Pending
Friendly
Synopsis
Borromin Capital, an investment firm, agreed to acquire Aerotec Europe, a provider of repair and maintenance services of air cargo containers, from AURELIUS, a private equity firm. Financial terms were not disclosed. “The fabulous development of Aerotec as well as the successful management buy-out exemplify our special expertise in facilitating successful succession planning in medium-sized companies. We contribute our extensive operational expertise to this process and always cooperate with our portfolio company as a close and reliable partner along the development path," Eric Blumenthal, AURELIUS Managing Partner.
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