
EQT buys EIS Aircraft
EQT has acquired EIS Aircraft Group, a German provider of products and services to the aerospace industry, from a consortium of private shareholders.
EQT stated it will increase the company's product offering and will invest in improving current products. The incumbent management team will continue to lead the group.
Company
EIS comprises EIS Aircraft and Deva Kunststofftechnik. It provides original equipment manufacturers (OEMs) within the aerospace market with lightweight cabin interior products and services. Products include window frames, separators, passenger service unit panels, curtain headers, brackets and connectors. The group also provides cabin maintenance, repair and overhaul services, as well as flight training services.
The company generated turnover of €40m in 2013 and has 300 employees. Headquartered in Euskirchen, it also operates in Lemgo, Mönchengladbach, Kiel and Munich.
People
Wolf Schoettner is CEO of EIS. Michael Föcking and Andreas Fischer are partners at EQT. Peter Grafoner and Manfred Egner are industrial advisors to EQT and joined the EIS board of directors.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater