Tikehau Capital in exclusive talks to sell LMB Aerospace to Loar Group
Deal News | Feb 21, 2025 | Finance Community IT - 3 Private Equity
Tikehau Capital, alongside partners Amundi Private Equity Funds, IDIA Capital Investissement from Credit Agricole, and Arka Capital, has entered exclusive negotiations with Loar Group for the sale of LMB Aerospace. LMB Aerospace, a French company with over 60 years of experience, specializes in designing, manufacturing, and distributing high-performance electric fans and cooling solutions for the aerospace and defense sectors. Since Tikehau Capital's investment in 2022, LMB has strengthened its market position with an average revenue growth of 15% annually, and its North American market presence has significantly expanded. The company reports revenues of approximately EUR 40 million, with ambitious future projections for its North American market. Loar Group, based in New York, is looking to leverage its extensive expertise to enhance LMB Aerospace's market presence and technological capabilities. The potential transaction awaits required regulatory approvals.
Sectors
- Aerospace & Defense
- Private Equity
Geography
- France – LMB Aerospace is headquartered in France and is a significant player in the aerospace sector in the country.
- United States – Loar Group, the potential acquirer, is based in New York, and LMB Aerospace has been expanding its market presence in North America.
Industry
- Aerospace & Defense – The article involves LMB Aerospace and Loar Group, which specialize in producing components for aerospace and defense applications.
- Private Equity – Tikehau Capital and its partners are private equity investors involved in the acquisition and sale of companies.
Financials
- EUR 40 million – Revenue of LMB Aerospace
- 15% – Average annual growth rate of LMB Aerospace's revenues since 2021
- EUR 13 million (2025 forecast for North America) – Projected revenue from the North American market by 2025
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Tikehau Capital | Seller | Company | A global asset management group involved in alternative investment strategies. |
| Amundi Private Equity Funds | Investor | Company | A subsidiary of Amundi, investing in private equities across various sectors. |
| Credit Agricole/IDIA Capital Investissement | Investor | Company | Part of the Credit Agricole Group, investing in companies to support their growth. |
| Arka Capital | Investor | Company | An investor involved in financing growth and transformation of medium-sized companies. |
| Loar Group | Potential Buyer | Company | A New York-based company specializing in aerospace and defense components. |
| LMB Aerospace | Target Company | Company | A leader in high-performance electric fans and cooling solutions for aerospace and defense, based in France. |
| Thomas Bernard | CEO of LMB Aerospace | Person | The Chief Executive Officer of LMB Aerospace, responsible for strategic growth, especially in North America. |
| Henri Marcoux | Deputy CEO of Tikehau Capital | Person | Deputy CEO at Tikehau Capital, involved in divestiture strategy. |
| Emmanuel Laillier | Head of Private Equity at Tikehau Capital | Person | Head of Private Equity at Tikehau Capital, overseeing investment strategies. |