Tikehau Ace Capital, along with Amundi Private Equity Funds and a pool of investors from Credit Agricole group coordinated by IDIA Capital Investissement, have acquired LMB Aerospace (LMB), a designer, producer and distributor of high-performance electric fans and cooling solutions for aerospace and defence applications.
The Sponsors, led by Tikehau Ace Capital, have completed the transaction, following the obtention of all regulatory approvals and completion of the financing supported by French financial institutions including Credit Agricole group, via its subsidiary LCL.
LMB is a 60-year-old French company offering a wide range of military grade, high performance fans and cooling solutions for aerospace, naval and military applications.
Read more: Private Equity Wire
