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Volati AB is a Swedish industrial company specializing in acquiring and developing medium-sized industrial entities. Founded in 2003, Volati operates in various segments, including Trading, Industry, and Consumer. The company focuses on long-term growth and value creation through a decentralized organizational model that empowers its subsidiaries' management. Volati is headquartered in Stockholm, Sweden, and has a geographical presence primarily in the Nordic region. Its strategic positioning is built on identifying acquisition opportunities that enhance its diversified portfolio and leverage operational synergies across its segments.

GE Aerospace is the global leader in designing, manufacturing, and servicing commercial aircraft turbine engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 80,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; General Electric became a storied conglomerate, with peak revenue of $130 billion in 2000, until it spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.