WALLESS advised Magnetic MRO AS in equity investment round
WALLESS partner Karl-Erich Trisberg advised Magnetic MRO AS on an equity investment from a Hong Kong limited liability company, Sapphire Investment Holding Limited in the amount of 950,000 euros and an equity investment from a Hong Kong limited liability company, Hongkong Yongtai Trading Services Co., Limited, in the amount of 8,000,000 euros.
Magnetic MRO is a global provider of EASA and FAA-certified Total Technical Care and Asset Management solutions for various kinds of aircraft. Headquartered in Tallinn, Estonia, the company maintains a strong presence in Europe, the CIS, Africa, Asia and North America. With two decades of experience in the MRO (maintenance, repair and operations) market, Magnetic MRO has an established reputation as a technologically advanced, innovative provider of integrated MRO services.