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MCF advised Patria on selling its subsidiary, Patria Pilot Training, to Airways Aviation

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MCF Corporate Finance is pleased to announce that it acted as exclusive financial advisor to Patria, a Finnish defence and technology company, on the sale of its subsidiary, Patria Pilot Training Oy (“Patria Pilot Training”), to UAE-based Airways Aviation Group (“Airways Aviation”).

Patria Pilot Training is a leading provider of professional civilian pilot training, operating in Tampere and Vantaa, Finland, and Córdoba, Spain. This transaction highlights MCF’s expertise in advising on cross-border M&A in the aviation and technology sectors.

The Deal

Airways Aviation, a global aviation education and training organization headquartered in the UAE, has operations across Europe, Africa, the Middle East, and Asia-Pacific.

Effective 1 February 2025, all employees, operations, and training courses of Patria Pilot Training will transfer to Airways Aviation. The operations will be rebranded as Airways Aviation Nordic, strengthening the group's presence in the Nordic region.

The Target

Patria Pilot Training provides professional civilian pilot training in Tampere and Vantaa, Finland, and Córdoba, Spain, employing 35 staff across the three locations.

About Patria

Patria, a Finnish defense and technology leader with over 100 years of expertise, offers innovative solutions across land, sea, and air. The company is co-owned by the State of Finland (50.1%) and Kongsberg Defence & Aerospace AS (49.9%).

About Airways Aviation

With over 45 years of experience, Airways Aviation operates one of the largest global fleets of training aircraft, including Europe’s largest fleet of Diamond DA40 and DA42 aircraft. Headquartered in Dubai, it delivers world-class pilot training in more than 10 countries.

Deal Team

Mika Galkin, Partner, galkin@mcfcorpfin.com

Robert Sällström, Director

Suzan Karasar, Associate

Media:

Suzannah Burton, Director, Burton@mcfcorpfin.com

MCF Corporate Finance (MCF) is a leading M&A and debt advisory firm with offices in Frankfurt, Hamburg, Helsinki, London, Munich and Stockholm. Under the brand D.A. Davidson MCF International, we identify and execute transatlantic M&A transactions. MCF has successfully structured and executed over 1,200 M&A and debt advisory transactions for multinational corporations, mid-sized companies, family offices, and private equity investors across its four core sectors: Business Services, Consumer, Industrials and Technology.

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Aviation acquisition Corporate Finance defence MA

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