Bedwas-based AerFin (
www.aerfin.com), a specialist in second-hand aircraft parts, has been bought out by Danish private-equity firm CataCap which will now become the majority shareholder.
The American firm CarVal Investors, which bought a majority stake in AerFin in 2015 will no longer have a holding.
AerFin founder and chief executive Bob James said: “I am delighted to announce the investment from CataCap, which I believe will be the catalyst for continued sustainable growth and business development through its strategic alignment of interests, bringing a true collaborative approach to our employees and our strategic partners.”
“CataCap’s Peter Ryttergaard said: “AerFin is an outstanding company in a sector that has global reach.
“We have been following the company for some time, given that it has been recognised as the fastest-growing aero-space and defence company in Europe.
“We are truly impressed with the strength of its business model and the leadership team we are backing.”