EQT VI has agreed to acquire a majority stake of Nordic Aviation Capital A/S.

Nordic Aviation Capital was founded in 1990 by Martin Møller and is today a clear market leader in turboprop aircraft leasing, a distinct subsector of the commercial aircraft leasing market, with strong regional market positions and a differentiated business model. The company is the world's largest owner and lessor of both ATR and Bombardier turboprop aircraft and the current fleet consists of almost 250 aircraft with an average value weighted age of only 5.4 years. The customer base is global with more than 40 airlines in 30 different countries.

SPEAS has made an investment commitment of EUR 10m to the private equity fund EQT VI.

View the press release from EQT here

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