AVIC buys British aircraft cabin interior supplier

With AIM purchase aviation firm continues program of snapping up niche specialists

Chinese aviation firm AVIC International Holding Corp has completed the acquisition of AIM Altitude, a Britain-based aircraft cabin interior supplier, for an undisclosed amount, from the London based private equity firm TowerBrook.

AIM Altitude, based in Bournemouth in southern England, has three production bases in the United Kingdom and sales presences in the US, Hong Kong and Saudi Arabia, with more than 1,100 employees globally.