APOC Aviation has secured a multi-faceted financing facility with Deutsche Bank through its transportation structured finance group. The funds will be utilised to expand APOC's existing business portfolio while supporting further vertical integration of future complementary solutions. The flexibility provided by Deutsche Bank will allow APOC to grow substantially in both the short and medium term.
APOC plans to allocate US$140 million for capital expenditure on aircraft and engine assets over the next twelve months.
“APOC is pursuing a dynamic trajectory as the business capitalises on opportunities that have been identified for expansion. We are pursuing a strategy of controlled growth that will propel APOC into a different stratum for trading, stocking and leasing aircraft assets,” commented Gavin Simmonds, CEO. “We will be very active in the market globally, so capital backing from an international major bank with an impeccable pedigree and reputation validates our plans. At the outset, we were focused on securing a facility of appropriate size with diverse borrowing criteria across a broad portfolio and aligned to our ambitious growth strategies. We have found Deutsche Bank's open approach to be closely aligned to APOC's company ethos and aspirations.”
APOC's majority shareholder is private equity investor Egeria, which has worked closely with the company since 2020. The Netherlands-based fund continues to drive APOC's transformative global presence, focusing on ongoing vertical integration as the industry experiences sustained recovery. “As the majority shareholder, Egeria endorses the funding facility with Deutsche Bank and is contributing additional equity into the business to fortify the continued growth programme,” said Ivo Groen in ‘t Woud, Partner – Egeria. “We support APOC in its strategy to become a truly international USM (used serviceable material) provider and mature asset lessor. The business will become the intuitive choice for leading airlines and it is our role to help APOC navigate a precise and unwavering path to this outcome.”
Sneha Kedia from Deutsche Bank expressed confidence that the facility and relationship will grow and evolve as APOC expands its presence in the market through leasing, exchange, and general trading of major assets and line replacement units (LRUs). “APOC has demonstrated strong market knowledge within the Airbus, Boeing, Embraer, and ATR sectors and shows an aggressive appetite for expansion, which will be supported as plans progress into tangible results.”
