Advention acts as a strategic advisor on a deal involving Raise Capital and LMB Fans & Motors
LMB Aerospace, a Brive, France-based manufacturer of fans and electric engines for civil and military aeronautical applications (aircraft, helicopters, drones), has entered into exclusive talks to be acquired by the investment firm Raise Investissement, according to a company announcement.
PE firm MBO Partenaires, which has controlled a 80% stake since it bought the business from Honeywell in 2012, would re-invest in the transaction, alongside the management team, led by Thomas Bernard.
LMB Aerospace generates EUR 20m turnover and EUR 8m EBITDA.
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