Dutch private equity firm Antea invests in APOC Aviation

Dutch private equity firm Antea acquired a 30% stake in Aircraft Part-Out Company Europe B.V. (APOC Aviation). APOC Aviation is located in Delft, The Netherlands. It is engaged in the supply of spare parts for the aircraft industry. The company purchases aircrafts that have been taken out-of-service, outsources the disassembly and then sells the parts. It specializes in both the Airbus A320 and Boeing 737. APOC Aviation was founded in 2014 and has established itself as a known player in the aircraft part-out market since. For the coming years it expects to realize further substantial growth. Underlying trend that facilitates this growth is the increase in air traffic, particularly in Asia. Both Airbus and Boeing have a significant order book. In addition, the second hand market in aircraft parts continues to mature. With the rise of low cost airlines, competition increased, making the airlines more aware of cost reduction. As the difference in price between a new and a used spare part is considerable, virtually all airlines currently make use of used parts during maintenance or repairs. APOC Aviation will benefit greatly from this continuing upward trend. Remaining shareholders are the founder/director of APOC Aviation (55%) and a group of Informal Investors (15%). The investment in APOC Aviation entails the sixth investment for fund VII of Antea since the start of the fund in 2015.