Tokyo Stock Exchange listed Financial Products Group Co., Ltd. (‘FPG’ – 7148:JP), FPG Asset & Investment Management BV (‘FPG AIM’) and Amentum Capital Ltd. (‘Amentum’) further expand their successful cooperation. As part of this next phase of their strategic partnership, FPG increases its share in Amentum from 25% to 75% and FPG AIM acquires 5% of the share capital of Amentum. Amentum Capital Ltd. is renamed FPG Amentum Ltd.
FPG Amentum acquires more aircraft for JOL transactions, starts the divestment phase of Global Aircraft Fund I with the sale of five EasyJet A319-100 aircraft and manages several lease extensions & transitions. The company further proves its strong aircraft repossession skills by taking back two 737NGs from a defaulted airline in Russia and swiftly placing them on new long term leases for an investor customer.