Baird Capital, the direct private investment arm of Robert W. Baird & Co., announced today that it has acquired a majority interest in CAV Ice Protection Limited and CAV Advanced Technologies Ltd (CAV)
CAV is headquartered in Consett, County Durham. The Company's proprietary Ice Protection systems provide a unique solution to a critical safety challenge across numerous segments of the aerospace market. CAV is also a technology and manufacturing partner to major commercial OEMs for hybrid laminar flow control (HLFC) drag reduction systems.
– Ends –
Notes to Editors:
Steen Associates London Office
27 Great Queen Street
About Steen Associates
Steen Associates is an M&A advisory firm specialising in the aerospace, defence and industrial sectors. Steen has advised on a wide range of strategic transactions, predominantly in Europe and the USA, from its offices in London, Paris and Frankfurt.
For more details about Steen Associates please visit www.steenassociates.com.
T: +44 (0)20 7405 5040