Borromin Capital-backed Aerotec Europe completed the acquisition of aviationscouts.

Borromin Capital-backed Aerotec Europe, a passenger aircrafts maintenance and repair work provider, completed the acquisition of aviationscouts, a used aircraft components and spare parts reseller and service provider. Financial terms were not disclosed. “This acquisition is a significant step for aviationscouts. Integration into the Aerotec / AES group allows us to expand our service portfolio and strengthen our market position. I look forward to continuing as CEO and actively shaping the growth strategy of aviationscouts,” Thomas Bulirsch, aviationscouts Founder and CEO.