IDV GROUP acquired by LEONARDO

Groupe RIVOLIER completed the acquisition of THIFAN INDUSTRIE to integrate specialized ammunition manufacturing capabilities and secure key ballistic intellectual property. This transaction allows the buyer to become the owner of the renowned Sauvestre brand and its associated BFS and FIP technologies, which are considered industry standards for hunting projectiles. The rationale for the deal is rooted in the buyer's broader industrial strategy to reinforce its "Made in France" positioning and contribute to national sovereignty by internalizing the production of critical components within the shooting and defense supply chain

The investment consortium led by a French industrial-focused sponsor has successfully finalized a Management Buy-In (MBI) of the target, marking the end of over a century of family ownership. This strategic transaction represents a pivotal step in the manufacturer’s evolution, transitioning the firm from a family-held enterprise into a consolidated paneuropean platform named International Protective Equipment (IPE). The strategic rationale for the move centers on the urgent requirement for European industrial autonomy in the defense sector and the target’s unique position as an integrated, patent-protected provider of high-end personal protective equipment

The sale of the aerospace division marks the culmination of a strategic review initiated by TriMas Corporation to simplify its historical "mini-conglomerate" structure. This move was heavily influenced by activist shareholder Barington Capital, which advocated for a definitive separation of the packaging and aerospace businesses to eliminate the valuation discount associated with diversified industrials. The rationale centers on a "portfolio-purification" play, allowing the seller to reallocate capital toward life sciences and high-growth consumer packaging segments

Nexteam acquired Ucelia from Noe Industries in a competitive auction process involving both industrial players and private equity funds. The transaction was closely monitored by the French State due to the target's strategic role in the Rafale fighter jet supply chain. The acquisition allows Nexteam to consolidate the fragmented sand-casting market, creating a dedicated division with €70 million in revenue. For the sellers, the deal marks a successful three-year turnaround cycle, delivering a significant valuation step-up

Bombardier, through its U.S. subsidiary Learjet Inc., has acquired 100% of Velocity Maintenance Solutions. While financial terms remain confidential, the deal marks a significant expansion of Bombardier’s U.S. service footprint. The strategic rationale is to integrate Velocity’s specialized AOG capabilities and its mobile repair truck fleet into Bombardier’s top-ranked service network. The acquisition provides Bombardier with a strategic physical presence at Wilmington Airport (Delaware) and significantly boosts its mobile response capabilities across the U.S...

A consortium led by Siparex Midcap acquired a majority stake in Novakamp, facilitating the full exit of the previous sponsor, Sparring Capital. The deal involves significant reinvestment from the management team. Under Sparring's tenure (2020-2025), Novakamp doubled its revenue to EUR50M through organic growth and acquisitions (such as Fauche's generator division). The new shareholders aim to reach a 50/50 balance between military and civil activities while capitalizing on the current geopolitical context which favors the redeployment and modernization of military support infrastructures

SLX Group's acquisition of 100% of Clements Engineering's share capital is a strategic move aimed at bolstering the group's industrial capabilities in the marine engineering sector. This transaction enables SLX Group to complement its historical distribution and technical services business by integrating renowned precision manufacturing expertise, thereby strengthening its positioning across the entire marine equipment value chain. The partnership is built on a strong complementarity between Clements Engineering's production capabilities and SLX Group's commercial network, as well as its support services

UUDS completed its first-ever Management Buy-Out (MBO) with Capza taking a majority stake. This primary LBO allowed the founder to hand over majority control while retaining a minority stake alongside CEO and key managers. The transaction was supported by a senior debt package arranged by a pool of major French banks with a leverage of less than 4x EBITDA. The financing includes a dedicated CAPEX line to fund future acquisitions, following the successful integration of Satys' cabin division. This deal aims to propel UUDS past the EUR100 million revenue mark in 2025 by capitalizing on the booming demand for premium cabin retrofitting

Harmattan AI has successfully raised $200 million (€171.2 million) in a Series B funding round led by the strategic industrial giant Dassault Aviation and Bpifrance. This capital increase follows previous rounds from FirstMark Capital, W Ventures, and Atlantic Labs, marking a definitive shift toward French and European strategic ownership. The strategic rationale for the partnership centers on the development of embedded AI for the future Rafale F5 and accompanying UCAS (Unmanned Combat Air Systems)

FAE Technology S.p.A. has completed the first closing for the acquisition of 100% of the share capital of Kayser Italia S.r.l. and Kayser Space Ltd. This transaction officially marks the launch of the FAE Technology Space Division, a new business unit dedicated to supporting space exploration and microgravity research. The integration aims to combine Kayser’s specialist aerospace expertise with FAE’s industrial and technological infrastructure to serve the growing demand for LEO infrastructure and orbital services