GA Telesis has announced completion of the previously announced share purchase by Tokyo Century Corporation and All Nippon Airways Trading Co., Ltd. (ANATC) from Global Principal Finance Company.
The transaction provides the Company with shareholders that have a committed longterm growth strategy in the aviation industry.
Tokyo Century and ANATC, respectively, hold a 49.2% and 10% interest in the Company. The Company is now working with its shareholders on the execution of its new engine leasing joint-venture, Gateway Engine Leasing, for launch prior to the end of the year.
Tokyo Century has held an investment in GA Telesis since 2012 and elected to increase their stake to its current level. Tokyo Century has significant existing strategic investments in aviation including a 20% holding in Aviation Capital Group, the world's premier aircraft leasing company, as well as a 16.7% interest in Jetstar Japan.
Established in 1970, ANATC has evolved from a service provider of aviation serviceable parts to a multinational service and solution provider that centers its business not only around aviation but also in various fields such as food and beverages, electronics, and daily living essentials. Building on a strong customer base in Asia and other regions, ANATC strives to provide customer-centric and value-added solutions and services to its customers.
