Portfolio
Pilatus Aircraft
| Sector | Industrials |
|---|---|
| Investment type | Growth Capital |
| Region | Germany |
| Status | Former investment |
Nature of Business
Pilatus is a leading developer and producer of civil and military training aircraft, based in Switzerland. Founded in 1939, Pilatus is the world market leader in the manufacture and sale of single engine turboprop aircraft.
The group has a portfolio of three business lines: general aviation with its flagship PC-12, government aviation with the advanced PC-21 and additional military training aircraft and maintenance. Pilatus is headquartered in Stans, Switzerland, and generated total sales of CHF 688 Million in 2010.
Investment Overview
3i invested for a minority stake in Pilatus in 2005 and has supported the company's development and growth over a six year period.
During our investment period, Pilatus successfully developed and launched the PC-21 trainer aircraft, which was developed in close co-operation with air forces who are among its first key customers.
In March 2011, 3i sold its stake to Zurich-based IHAG Holding, leaving Pilatus very well positioned for future growth.
