Cav Ice Protection Limited and Cav Advanced Technologies Ltd (CAV), a Consett, County Durham, UK-based provider of ice protection and drug reduction technology, received a majority investment from Baird Capital.
The amount of the deal was not disclosed. In conjunction with the investment, James Benfield and Dennis Hall, managing directors at Baird Capital, joined CAV’s board of directors.
Led by Owen McFarlane, CEO, Cav provides ice protection and drag reduction technology to general aviation, commercial aerospace and defence markets worldwide.
Cav Ice Protection is a world leader in the supply and development of Ice protection systems, it is the only supplier of fluid based ice protection systems globally, operating from facilities in the UK & US.
CAV Advanced Technologies is the supplier of laser perforated surfaces for use in both ice protection and HFLC systems into the aviation industry in the world. It operates out of the UK.