Avio Spa

DEAL TYPE : MERGERS & ACQUISITIONS

INDUSTRY : AIRLINE, AEROSPACE, AVIATION & DEFENCE

SELL-SIDE

Acted as lead financial adviser to Avio in the carve-out and sale of its Pratt & Whitney PW100 Engine Series MRO business to Industria de Turbo Propulsores, S.A. (ITP), a leading Spanish aero engines and turbines manufacturer with a turnover of over €580 million.

BCP’s value-added:

• Initiated transaction using in-depth aviation sector experience and providing valuation advice
• Due Diligence process for buyer and seller
• Conduct of a direct sale process (with potential purchasers worldwide)
• Minimising interruptions to Avio management during day-to-day operations and the pending acquisition of Avio by General Electric (GE)