Following TP Aerospace’s (the “Company” or “TPA”) successful recent bond issuance, the Company is acquiring Kirk Kapital’s ownership interest.

In 2019, Kirk Kapital acquired a 26% ownership interest in TPA, by way of preference shares.

Kirk Kapital has enjoyed the partnership with the TPA management team and CataCap.

“TPA has had a successful development during the time, Kirk Kapital has been part of the ownership. The Company has solidified its production set-up, expanded geographically and expanded into the exclusive distribution of OEM parts. Kirk Kapital is proud to have been part of the TPA journey for the past 5 years, and I would like to extend my appreciation for the excellent working relationship with both TPA management and CataCap”, says Kim Gulstad, CEO of Kirk Kapital.

About TP Aerospace

TPA is the leading aftermarket supplier of used, serviceable wheels and brakes in the commercial aviation industry. With the largest ready-to-go inventory in the market and warehouses in strategic locations worldwide, TPA offers 24/7/365 support on sale, exchange, loan or lease basis.

Contact details

Morten Huse Eikrem-Jeppesen, PressConnect for Kirk Kapital, +45 53 85 07 70