HARTENBERG ENTERS AVIATION BUSINESS – ACQUIRES ONE OF THE LARGEST INDEPENDENT MRO PROVIDERS IN EUROP

14-Nov-2017 Hartenberg will acquire a 50% stake in Avia Prime (the "Company", or " Avia Prime"), sole owner of Linetech S.A. and Adria Airways Tehnika d.d. The transaction will be completed after the approvals of respective competition offices.Linetech S.A. provides base and line MRO services with focus on narrow-body passenger Boeing and Embraer aircrafts. It operates hangar facilities in 2 locations in Poland (Katowice and Rzeszów) with area of cca. 17,500 m2 or 10 slots for C-type size planes (i.e. Boeing 737/Airbus A320). Line maintenance services are provided on 7 airports in Poland and additional seasonal locations in other European countries according to clients' needs.Adria Airways Tehnika d.d. is a Slovenian line and base MRO provider with specialization on narrow-body passenger Airbus and Bombardier aircrafts. For Bombardier it is the sole certified service centre for Europe. It is based in Ljubljana with total hangar capacity of 3 slots for C-type planes or cca. 6,500 m2. Adria Airways Tehnika started its operations in the 1960s and during over 50 years of maintenance has built its top market reputation. It was acquired in 2015 by Avia Prime and serves as a sister company to Linetech since then.