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Lake Aircraft attracting 'serious interest' from potential buyers

November 27, 2018 / KATE SARSFIELD

Lake Aircraft parent Revo says five companies from Europe and the USA have shown "serious interest" in purchasing the light amphibious aircraft manufacturer and are now formally submitting their proposals. Included in the sale are all of Lake's assets, including a spare parts concern, engineering drawings, production and type certificates. The announcement comes six months after a Chinese consortium was forced to withdraw its offer for the Kissimmee, Florida-headquartered company, for which it had signed a purchase agreement with Revo in 2015.