The business, which provides maintenance, repair and and training services for airlines including Atlanta Icelandic, the Royal Malaysian Air Force and British International Helicopters, is to build a training centre in the Vale of Glamorgan in Wales.
Caerdav are also constructing a new aircraft paint hangar, enabling the company to provide paint airline livery on craft up to the size of a Boeing 767.
"There are people who'll tell you it's just like spraying a BMW," says Dickinson. "It's not just like spraying a BMW. You need people who really know what they're doing. You need the right facilities."
“With MOBH Group’s backing, we aim to create Europe’s most advanced flight training centre, while expanding our outstanding independent aircraft maintenance operations," said Caerdav chief executive Joachim Jones.
"This is a hugely exciting opportunity for growth and underlines how our team’s commitment and hard work has led to this being the best year in the company’s history – with 2020 now looking even brighter.”
Caerdav's facilities include a 6,000ft runway three miles from Cardiff International airport, and pilot training facilities that include two Sikorsky S61 helicopter simulators and two Boeing 747-400 simulators.