Baker McKenzie advised Egeria, an Amsterdam based private equity company, on the acquisition of a majority interest in the Irish headquartered MAAS Aviation Group. MAAS’ executive management team has retained a minority interest in the company. MAAS Aviation Group is one of the leading commercial aircraft painting companies in the world with operations in The Netherlands, Germany and the USA. The company employs 300 employees and is currently painting approximately 400 aircraft per year with plans to grow both employment and capacity over the next five years. With the new partnership with Egeria, MAAS Aviation Group aims to realize its growth ambitions and fulfill a growing global demand for painting aircraft. The newly raised capital will be used to invest in both personnel and infrastructure.
The Baker McKenzie M&A team that has advised Egeria on the acquisition consisted of Mo Almarini, Joost Polman, Niels Matze, Koen Bos, Thijs Bogaers, Martijn van der Vliet and Paul van de Ven.
Read more in this official press release by MAAS Aviation.