Fonds de solidarité FTQ commits $15 mln to second investment in AJW Group

The Fonds de solidarité FTQ has made a US$15 million investment in A J Walter Aviation Ltd, a division of the AJW Group, a global specialist in the supply, exchange, repair and lease of commercial aircraft parts. Funding proceeds will support the continued growth of A J Walter Aviation and provide benefits to the Montréal operations of its subsidiary, AJW Technique. The investment is the second made by Fonds de solidarité FTQ in the company. In April 2013, it also contributed to a $30 million deal focused on AJW Technique, which relaunched repair and maintenance facilities formerly associated with Aveos Fleet Performance Inc.

20 February 2015•3 mins read
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