DVB Bank SE (“DVB”), the Frankfurt-based bank that specialises in transport finance, reported the completion of its sale of a 60% shareholding in TES Holdings Ltd, to two new shareholders, Mitsubishi Corporation, Tokyo, Japan (“MC”) and the Development Bank of Japan Inc. Tokyo, Japan (“DBJ”). MC and DBJ have acquired a 35% stake and a 25% stake respectively, in TES. DVB remains the largest stakeholder with 40% of shares. TES Aviation Group is active in several mainstream aircraft engine types and is headquartered in Bridgend, Wales, UK with regional franchise operations in both Asia and the US. The Company leverages its unique position by the effective use of a large pool of intellectual property derived from the management of a 600+ engine portfolio, to intelligently price, buy and manage assets in the market place, with the over-riding objective of managing risk and driving down the cost of engine ownership for its client base.
Learn more on how AviTrader can expand your market
Please contact
Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada