APOC Aviation, a specialist in aircraft engines, landing gear, and used serviceable material trading and leasing, today [16 October] announced a “significant multi-faceted” financing agreement with Deutsche Bank AG.
The company said the investment will support APOC’s growth plans and further solidify its position in the aviation aftermarket.
“APOC is on a dynamic trajectory,” said Gavin Simmonds, CEO of APOC Aviation. “We are pursuing a strategy of controlled growth that will propel APOC into a different stratum for trading, stocking, and leasing aircraft assets. The capital backing from Deutsche Bank validates our plans and provides the financial strength to be very active in the market globally.”
An APOC spokesperson added that the deal “will be instrumental in expanding APOC’s existing business portfolio and driving vertical integration of new, complementary solutions”.
Gavin Simmonds: “APOC is on a dynamic trajectory.”
Deutsche Bank Director Sneha Kedia expressed confidence in its investment.
“Deutsche Bank is pleased to have partnered with APOC on a facility that expands upon our more traditional aviation lending. We are confident that the facility and relationship will grow and evolve as APOC penetrates a larger segment of the market,” she said.
Meanwhile, APOC’s majority shareholder, private equity investor Egeria, is injecting additional equity to further support the growth programme.
Ivo Groen in ‘t Woud, Partner at Egeria, said: “We support APOC in its strategy to become a truly international USM provider and mature asset lessor. The business will become the intuitive choice for leading airlines.”
Simmonds emphasised the importance of Egeria’s continued commitment. “Their support has been vital to APOC’s success, particularly during recent challenging times. We are now building upon our quality-centric asset trading portfolio, which is already expanding exponentially,” he said.
Photo: APOC Aviation
