Loar Group Acquires CAV Systems Group from Baird Capital
September 6, 2023
Loar Group Inc. has completed the acquisition of CAV Systems Group Limited (CAV) from Baird Capital, giving Baird a full exit from its 2017 investment. Headquartered in Consett, County Durham, CAV is a provider of in‑flight ice protection and drag‑reduction technologies; Loar said the deal expands its proprietary aerospace capabilities and aftermarket offering.
- Buyers
- Loar Group Inc.
- Targets
- CAV Systems Group Limited
- Sellers
- Baird Capital, Baird Capital Partners Europe Limited
- Industry
- Aerospace & Defense
- Location
- County Durham, United Kingdom
- Transaction Type
- Divestiture
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