Sun Capital Partners has sold Manoir Aerospace to Lisi Aerospace
Lincoln International (“Lincoln”), a leading global mid-market investment bank, announces that it advised the investment fund Sun Capital Partners (“Sun Capital”) on the sale of Manoir Aerospace (“Manoir” or the “Company”) to Lisi Group. Terms of the transaction were not disclosed. Lincoln acted as the exclusive financial advisor to Sun Capital.
Manoir Aerospace is an industry-leading global supplier of highly complex, flight-critical forged and precision machined aerostructure and aeroengine components for the aerospace sector. The Company is positioned on a compelling mix of mid-life and next generation programs including the Leap, the next generation engine developed by Safran and GE. Manoir Aerospace reported FY2013 revenue of €164 million with staff of about 1,100 employees working in three sites in France, one in Belgium and one in Mexico.
“As part of the Lisi Group, Manoir Aerospace is well placed to continue its growth trajectory through the combination of complementary products and industrial know-how which both parties will cross-fertilize,” says Géraud Estrangin, Managing Director at Lincoln.
Razmig Arzoumanian who heads Lincoln’s Aerospace & Defense Group in North America adds, “Lincoln International’s global reach and cross-border capabilities were instrumental in engineering the sale of Manoir Aerospace to a key strategic buyer that will be able to support the Company’s future growth opportunities so effectively.”
Meet our Senior Team
View More Transactions
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.