Investment Intelligence provides up-to-date private equity information and news designed for entrepreneurs, private equity investors and corporate acquirors interested in Central & Eastern Europe.

American Capital

Slavia Capital Sells Czech Sport Aircraft to Piper

Posted Thu, 28/01/2010 - 20:04

American-based Piper Aircraft recently announced plans to enter the market for light sport aircraft after reaching a deal with Slavia Capital to purchase Czech Sport Aircraft. The deal allows Piper it to produce the popular SportCruiser model for distribution worldwide. Though neither party has officially commented on the deal, estimates place the purchase price near USD 30 million.