Chequers Capital, Pechel Industries and management have sold CAE Groupe to TKH Group NV.

PARIS, FRANCE -- Lincoln International has announced that Chequers Capital, Pechel Industries and management have sold CAE Groupe to TKH Group NV. Chequers Capital and Pechel Industries were the majority shareholders since 2002. Lincoln International acted as the exclusive adviser to the sellers.

With 300 employees and a turnover of $125 million, CAE Groupe (www.cae-groupe.com) is active in ICT and electro-technical solutions for the building and industrial sectors. CAE GROUPE proposes cabling global systems that meet all requirements of the low current market: TV distribution, LAN networks, safety cables, audio/video, cables and connectors for industry.

TKH Group NV (www.tkhgroup.com) is an international group of companies that operates as a solutions supplier specializing in the development and delivery of innovative Telecom, Building and Industrial Solutions. The Group is concentrated in North-West and Eastern Europe and in Asia. TKH has approximately 3,000 employees; in 2006, its turnover was $686 million.

This acquisition gives TKH a strong position in France. The CAE Groupe portfolio is a perfect fit with that of TKH.  Alexander van der Lof, CEO of TKH Group, said "This significant acquisition accelerates TKH's geographical development in Europe. CAE has a strong position in France under its own brand names. TKH will further position CAE's brand names within Europe. In addition, CAE's access to the total TKH portfolio creates interesting growth potential for CAE and TKH."

The management of CAE Groupe will be continued in its current form and will be lead by Mr Olivier Frias. Mr Frias will also be appointed as a member of the strategic committee of the TKH Group.

About Lincoln International
Lincoln International specializes in merger and acquisition services and private capital raising for leading organizations involved in mid-market transactions.  With offices in Chicago, Frankfurt, Los Angeles, New York, Paris and Vienna, and strategic partnerships with China Everbright and other partner firms in Asia, Lincoln International has strong local knowledge and contacts in the key global economies.  The organization provides clients with senior-level attention, in-depth industry expertise, and integrated resources.  By being focused and independent, Lincoln International serves its clients without conflicts of interest.  More information about Lincoln International can be obtained at www.lincolninternational.com. 

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