Investindustrial

Grupo Inaer (www.grupoinaer.com) is consolidating its leadership in the emergency and mission critical European helicopter services market both by reinforcing organic growth in the domestic market and by implementing selective international bolt-on acquisitions. The company operates as a concession business with strong sales visibility. In 2008 it completed the acquisition of Cegisa (leading Spanish fixed wings firefighting operator) and bought three additional companies: Elilario in Italy, Proteus in France and Amuk in the UK. In the meantime the Group consolidated its presence in the Iberian helicopter market by gaining new contracts including a significant new contract in Portugal for Civil Protection. Inaer is continuing the implementation of a cost efficiency program which includes the incorporation of a new subsidiary in Chile to extend the operational period of the seasonal fire extinction fleet, the acquisition of a new flight simulator. A new flight security system has been implemented to further enhance safety in operations.