Thielert

Thielert AG is a German financial holding company that has owned engine development and manufacturing companies. It is headquartered in Hamburg. Companies owned were Thielert Aircraft Engines GmbH with sites in Lichtenstein, Saxony and Altenburg, Thuringia and Superior Air Parts, Inc. in Dallas, Texas, United States. Thielert AG is quoted on the Frankfurt Stock Exchange and was a member of the SDAX. The main operating unit, Thielert Aircraft Engines GmbH, declared insolvency on 24 April 2008. Since then the business of the engine manufacturer has been run by the insolvency administrator, Bruno M. Kübler, who has restructured the company and is now looking for a new investor.