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Asian fund purchased Piper Aircraft
Vero Beach, USA - Imprimis acquired 100% of the constructor's stocks from American Capital
Piper Aircfaft, historical aircraft manufacturer, has been bought by Asian investment fund Imprimis, operating between Bangkok, Singapore and Brunei. American Capital sold its 100% stake in the company to the new owner in order to "Secure the long-term success of Florida’s 72 year-old General Aviation company", it's stated in a note issued on May 1. The figures of the agreement have not yet been u...
AVIONEWS - World Aeronautical Press Agency