Hogan Lovells advises Borromin on the acquisition of a stake in AES group
Led by Frankfurt partner Christoph Naumann, global law firm Hogan Lovells has advised funds advised by the private equity company Borromin Capital Management GmbH on the acquisition of the AES group.
The transaction comprises Aerotec Europe GmbH as well as its subsidiary Airplane Equipment & Services A.E.S. GmbH (AES), which were acquired from Aurelius Wachstumskapital SE & Co. KG and the founder. The parties have agreed not to disclose the terms of the acquisition.
AES is a leading air freight container service company in Europe. The company’s service focus is on the repair and maintenance of aeroplane cargo containers. In addition, the company is certified to carry out a structural maintenance work on regulated components of passenger aircraft. The company serves well-known global air cargo customers at all of the major cargo airports in Germany.
Borromin will support the international expansion of the AES group and the ongoing strategic development of the group and its employees.
Borromin is an independent private equity company focusing on medium-size businesses within German speaking European and Benelux countries. Funds initiated and advised by Borromin invest in mid-size companies providing equity for succession issues, management buy-outs and also provide capital for growth opportunities. Borromin was founded in 2001 and follows a successful, value-oriented strategy of investments in profitable companies in various sectors.
Hogan Lovells team for Borromin Capital Management GmbH