CarVal Investors signs agreement to acquire a majority holding of AerFin Limited

Dino D'Amore
By Dino D'Amore December 22, 2014 20:58

CarVal Investors signs agreement to acquire a majority holding of AerFin Limited

CarVal Investors, a global alternative investment manager, signed an agreement to acquire a majority holding of AerFin Limited from its current owner, Bob James.   James will remain as the Managing Director and CEO going forward and will retain 20% of the company.

“The acquisition of AerFin is a compelling investment in itself and in addition enables CarVal to invest effectively in a dynamic and growing market in a more strategic way,” said Justin Bradburn, managing director for CarVal Investors. “Bob James and the AerFin team will bring tremendous value to our ability to invest in end-of-life aircraft and engines.”

“I am delighted to have CarVal as an investment partner as the benefits they bring to AerFin in terms of access to significant capital and market reach strategically position the AerFin business for growth with a shareholder whose interests are very much aligned with our own,” said Bob James.

Dino D'Amore
By Dino D'Amore December 22, 2014 20:58