aviationscouts GmbH (aviationscouts), a leading reseller and service provider for used components and spare parts for aircraft interiors, is pleased to announce its acquisition by Aerotec Europe Holding GmbH (AES). Effective June 11, 2024, aviationscouts will officially become part of the AES group, a subsidiary of Borromin Capital Fonds IV.
Thomas Bulirsch, founder and CEO of aviationscouts, will continue to lead the company and remain as CEO. He emphasizes, “This acquisition is a significant step for aviationscouts. Integration into the Aerotec / AES group allows us to expand our service portfolio and strengthen our market position. I look forward to continuing as CEO and actively shaping the growth strategy of aviationscouts.”
Aerotec Europe Holding GmbH, which includes its subsidiary Airplane Equipment & Services A.E.S. GmbH, was acquired by Borromin Capital Fonds IV in September 2022. Borromin aims to expand the company through both organic growth and strategic acquisitions.
Martin Franke, Partner at Borromin, highlights, “The acquisition of aviationscouts is an ideal addition to our portfolio and particularly strengthens our activities in aircraft cabin refurbishment. Through this acquisition, we are solidifying our market position as a significant player in the circular economy for used aircraft components and spare parts.”
Frank Kusserow, CEO of the group, explains, “aviationscouts has developed into a leading company in the industry over the past years. The customer- and service-oriented approach has sustainably shaped the company. We look forward to collaborating and offering our customers tailored services and products together.”
As part of this transaction, aviationscouts GmbH will also acquire 100% of the shares in B2L GmbH & Co. KG. B2L specializes in the upcycling of used aircraft parts and accessories. Based on a compelling sustainability concept, the company has successfully grown from a startup to a leading provider in the DACH region in recent years. Under the leadership of Aerotec Europe Holding GmbH, both companies aim for a sustainable further development of their business model and an expansion of their global presence.
About aviationscouts GmbH:
Founded in 2014, aviationscouts has established itself as a market leader in the reuse of aircraft components and spare parts. The company focuses on the sustainability and eco-friendliness of its products. The wide portfolio primarily includes seats for passengers and crew, as well as other aircraft interiors such as overhead bins, light covers, power supplies, and more. aviationscouts also operates the renowned online marketplace “aviationgate.com” for used aircraft seats. The company's headquarters are located in Lichtenfels, near Bamberg, from where it serves customers worldwide.
About Aerotec Europe Holding GmbH (AES):
Founded in 1997 in Cologne, AES has established itself as a leading service provider for maintenance and repair work on passenger aircraft. With six locations near the airports in Cologne, Frankfurt, Leipzig, and Basel, AES offers a broad spectrum of certified services at the highest level. The acquisition by Borromin in 2022 aims to expand the company through organic growth and targeted acquisitions.
About Borromin Capital Fonds IV:
Borromin is an independent private equity firm that focuses on mid-sized companies in German-speaking Europe and the Benelux countries. Borromin provides equity for corporate successions, management buy-outs, and growth financing. Borromin Capital Fonds IV benefits from the financial support of the European Union under the European Fund for Strategic Investments (EFSI), which aims to promote productive investments in the EU and improve access to finance.
About B2L GmbH:
B2L GmbH & Co. KG is a leading company in the field of upcycling, producing sustainable products from aviation materials since 2010.
Through its brand BAG TO LIFE, the company rescues unused materials from being scrapped and gives them a new purpose. By creatively and innovatively processing these materials, B2L creates high-quality bags, accessories, and lifestyle products that combine sustainability with style. Over the past few years, B2L has successfully established itself as a leading provider in the DACH region, continuing to focus on environmentally friendly and resource-efficient production processes.
Thomas Bulirsch, founder and CEO of aviationscouts, will continue to lead the company and remain as CEO. He emphasizes, “This acquisition is a significant step for aviationscouts. Integration into the Aerotec / AES group allows us to expand our service portfolio and strengthen our market position. I look forward to continuing as CEO and actively shaping the growth strategy of aviationscouts.”
Aerotec Europe Holding GmbH, which includes its subsidiary Airplane Equipment & Services A.E.S. GmbH, was acquired by Borromin Capital Fonds IV in September 2022. Borromin aims to expand the company through both organic growth and strategic acquisitions.
Martin Franke, Partner at Borromin, highlights, “The acquisition of aviationscouts is an ideal addition to our portfolio and particularly strengthens our activities in aircraft cabin refurbishment. Through this acquisition, we are solidifying our market position as a significant player in the circular economy for used aircraft components and spare parts.”
Frank Kusserow, CEO of the group, explains, “aviationscouts has developed into a leading company in the industry over the past years. The customer- and service-oriented approach has sustainably shaped the company. We look forward to collaborating and offering our customers tailored services and products together.”
As part of this transaction, aviationscouts GmbH will also acquire 100% of the shares in B2L GmbH & Co. KG. B2L specializes in the upcycling of used aircraft parts and accessories. Based on a compelling sustainability concept, the company has successfully grown from a startup to a leading provider in the DACH region in recent years. Under the leadership of Aerotec Europe Holding GmbH, both companies aim for a sustainable further development of their business model and an expansion of their global presence.
About aviationscouts GmbH:
Founded in 2014, aviationscouts has established itself as a market leader in the reuse of aircraft components and spare parts. The company focuses on the sustainability and eco-friendliness of its products. The wide portfolio primarily includes seats for passengers and crew, as well as other aircraft interiors such as overhead bins, light covers, power supplies, and more. aviationscouts also operates the renowned online marketplace “aviationgate.com” for used aircraft seats. The company's headquarters are located in Lichtenfels, near Bamberg, from where it serves customers worldwide.
About Aerotec Europe Holding GmbH (AES):
Founded in 1997 in Cologne, AES has established itself as a leading service provider for maintenance and repair work on passenger aircraft. With six locations near the airports in Cologne, Frankfurt, Leipzig, and Basel, AES offers a broad spectrum of certified services at the highest level. The acquisition by Borromin in 2022 aims to expand the company through organic growth and targeted acquisitions.
About Borromin Capital Fonds IV:
Borromin is an independent private equity firm that focuses on mid-sized companies in German-speaking Europe and the Benelux countries. Borromin provides equity for corporate successions, management buy-outs, and growth financing. Borromin Capital Fonds IV benefits from the financial support of the European Union under the European Fund for Strategic Investments (EFSI), which aims to promote productive investments in the EU and improve access to finance.
About B2L GmbH:
B2L GmbH & Co. KG is a leading company in the field of upcycling, producing sustainable products from aviation materials since 2010.
Through its brand BAG TO LIFE, the company rescues unused materials from being scrapped and gives them a new purpose. By creatively and innovatively processing these materials, B2L creates high-quality bags, accessories, and lifestyle products that combine sustainability with style. Over the past few years, B2L has successfully established itself as a leading provider in the DACH region, continuing to focus on environmentally friendly and resource-efficient production processes.
