Aircraft, engines and landing gears trading, leasing, and part-out company, APOC Aviation, has secured a multi-faceted financing facility with Deutsche Bank AG via its transportation structured finance group.
APOC Aviation says the funds will be used to expand its existing business portfolio while underpinning further vertical integration of future complementary solutions.
Gavin Simmonds, chief executive of APOC Aviation, said: “We will deploy US$140 million of capital expenditure on aircraft and engine assets in the next 12 months.
“APOC Aviation is pursuing a dynamic trajectory as the business capitalises on opportunities that have been identified for expansion. We are pursuing a strategy of controlled growth that will propel APOC Aviation into a different stratum for trading, stocking and leasing aircraft assets.
“We will be very active in the market globally, so capital backing from an international major bank with an impeccable pedigree and reputation validates our plans. At the outset, we were focused on securing a facility of appropriate size with diverse borrowing criteria across a broad portfolio and aligned to our ambitious growth strategies.
“We have found Deutsche Bank’s open approach to be closely aligned to APOC Aviation’s company ethos and aspirations.”
APOC Aviation’s majority shareholder is private equity investor Egeria. The Netherlands-based fund has worked closely with the company since 2020 and continues to spearhead APOC Aviation’s transformative global footprint with a focus on continued vertical integration at the forefront of the industry’s sustained recovery.
Ivo Groen in ‘t Woud, Partner at Egeria, said: “As the majority shareholder, Egeria endorses the funding facility with Deutsche Bank and is contributing additional equity into the business to fortify the continued growth programme.
“We support APOC Aviation in its strategy to become a truly international used serviceable material (USM) provider and mature asset lessor. The business will become the intuitive choice for leading airlines and it is our role to help APOC Aviation navigate a precise and unwavering path to this outcome.”
Simmonds added about the Egeria relationship: “Their commitment continues to safeguard the heart of APOC Aviation and – as an integral part of our team – Egeria stood by APOC Aviation during the recent black swan event and are now working very closely with us as we build upon our quality-centric asset trading portfolio which is already expanding exponentially.
“Having just past the considerable milestone of 10 years’ trading, it is fitting that we should celebrate an evolution within our business model that is fully supported by our investors and make a step-change in both size and market offerings. The future is very exciting and I know I speak for everyone involved when I say that APOC Aviation is more than ready to embrace new challenges with energy, commitment and teamwork.”
Sneha Kedia from Deutsche Bank, said: “Deutsche Bank is pleased to have partnered with APOC Aviation 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 Aviation penetrates a larger segment of the market with its leasing, exchange, and general trading of major assets and LRUs.
“APOC Aviation have demonstrated their market knowledge within the chosen Airbus, Boeing, Embraer and ATR sectors and have an aggressive expansion appetite which we are committed to funding as plans develop into tangible results.”
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