US Equity Firm Buys Eirtech

Irish aircraft coatings company Eirtech Aviation is to merge with US firms Leading Edge Aviation Services and Associated Painters after being bought by Vance Street Capital, a private equity firm based in Los Angeles.

Irish aircraft coatings company Eirtech Aviation is to merge with US firms Leading Edge Aviation Services and Associated Painters after being bought by Vance Street Capital, a private equity firm based in Los Angeles.

Eirtech, which is based in Shannon and has facilities in the Czech Republic and Italy, provides aircraft painting and interior refinishing services to clients in Europe and the Middle East.

Following the merger, Eirtech will continue to operate under its own name, but will part of the newly-formed company International Aerospace Coatings Holdings (IAC). IAC is set to offer aircraft refurbishments alongside coatings services.

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