PRESS RELEASE
Buchanan Industrial Technologies completes Growth Investment in Royal Aero Group
Munich, 16 July 2007: Buchanan Industrial Technologies has successfully completed a
significant growth investment into Royal Aero Group GmbH by acquiring a minority stake in
the company. Buchanan Industrial Technologies formed an investment consortium with its
international partner Gulf One Investment Bank B.S.C.(c) of Bahrain. The funds will be used
to finance the long term strategic expansion and enable the continued growth of the group
of companies, which includes Royal Aero Services and Royal Aero Technical. The transaction
was managed by Günter Pröpster, partner of Buchanan Industrial Technologies GmbH.
Federico Pappalardo, partner at international law firm Dechert LLP (Munich) provided
Buchanan Industrial Technologies with legal advice on the transaction.
Calum MacLeod (Managing Director and founder of Royal): “We at Royal are excited and
looking forward to the next phase of growth with new partners!”
Rüdiger Olschowy (Managing Partner and founder of Buchanan Industrial Technologies):
“Gulf One will enable Royal to quickly grow its business also into the fast growing MEA area.”
Royal Aero Group GmbH (www.royalaero.com) is one of the leading European aviation trading
companies, headquartered in Miesbach (Bavaria) and operates worldwide with subsidiaries in
London (UK), Chicago and Miami (USA). Royal Aero is internationally established and
provides a comprehensive portfolio of products and services around commercial jet engines
including engine spare parts, the management of surplus engine disassembly and
consignment inventory as well as the complete engine fleet management for brand name
customers. After many years of service in the aviation industry, Calum MacLeod founded
Royal Aero in 2003 to exploit the opportunities in the continuously growing aviation
maintenance and repair market.
Royal Aero Group GmbH
Calum MacLeod
Managing Director
phone: +49 (8025) 9936 0
fax: +49 (8025) 9936 36
Buchanan Industrial Technologies GmbH (www.bit-m.de) is a Private Equity Company
investing in established small and mid-size enterprises in the industrial technology sector
with sales in the range of 10 to 60 millions Euro in Germany, Austria and Switzerland.
Investments are focused on the branches automotive suppliers, advanced materials and
industrial electronics. The Buchanan Industrial Technologies team headed by the managing
partners Rüdiger C. Olschowy and Ralf G. Schöpker lead its portfolio enterprises towards a
clear expansion and growth strategy.
Buchanan Industrial Technologies GmbH
Rüdiger Olschowy
Managing Direktor
phone: +49 (89) 6228698-10
fax: +49 (89) 6228698-99
ro@bit-m.de
Gulf One Investment Bank (www.gulf1bank.com) is a leading infrastructure investment bank
within the GCC, with investments and financial services focused on infrastructure and megaprojects.
The Banks primary focus is on vital economic sectors including water, power,
mining, transport and down-stream petrochemicals. Gulf One Investment Bank is led by Dr.
Nahed Taher, a leading economist and executive banker and the first female CEO of a bank
in the GCC, and COO Mr. Ziyad Omar, with over 20 years of senior banking experience in
Saudi Arabia and the US.
Gulf One Investment Bank B.S.C. (c)
Ziyad F. Omar
Chief Operating Officer
Kingdom of Bahrain
phone: +973-1753-6829
fax: +973-1753-7021
