Sumitomo Mitsui Finance & Leasing acquired a minority stake in SMFL LCI Helicopters from Libra Holdings.

Sumitomo Mitsui Finance & Leasing, a Japan-based leasing company focused on financial leasing, equipment and machinery leasing, and installment leasing services, acquired a minority stake in SMFL LCI Helicopters, an Ireland-based helicopter leasing joint venture company, from Libra Holdings, a Bermuda-based industrial conglomerate involved in energy, hospitality, real estate, shipping, aviation, and financial sectors. Financial terms were not disclosed.