LMB AEROSPACE acquired by TIKEHAU CAPITAL & IDIA CAPITAL INVESTISSEMENT
Context
MBO Partners has finalized the acquisition of an 80% controlling majority stake in LMB from the American industrial conglomerate Honeywell, executing a strategic cross-border carve-out transaction. The transaction capital structure was financed via a conservative mid-leverage model, utilizing a senior debt package representing slightly under 2.5x EBITDA alongside a balanced debt-to-equity ratio of approximately 1:1. The investment thesis centers on a classic primary buyout framework that transitions the company back to domestic ownership. Under the post-closing governance structure, the internal management team executed a strategic rollover to take a 20% equity stake, strongly aligning operational incentives with the new sponsor. The strategic rationale focuses on accelerating LMB's international expansion and scaling its global market share.
LMB AEROSPACE, which reported an EBITDA margin of [members only] in 2011, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Industry & Manufacturing sector (11.7x).
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Target
Founded over 60 years ago, LMB Aerospace is a global leader in high-performance electric fans, blowers, and motors for harsh environments. Its products are critical for cooling electronics and engines in aerospace (Rafale), naval (nuclear submarines), space, and land defense platforms. The company maintains 2,000+ proprietary designs and serves over 250 global clients.
Ent. Value
€5–25M
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with LMB AEROSPACE
Other operations with LMB AEROSPACE
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 12/2025 | LOAR GROUP | LMB AEROSPACE | FRANCE | Engines & Systems |
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|---|---|---|---|---|
| 06/2025 | TIKEHAU CAPITAL | SCIOTEQ | BELGIUM | Electronics |
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REFERENCES
Revenue range: €5–25M
EBITDA range: €0–5M
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of LMB AEROSPACE by TIKEHAU CAPITAL / IDIA CAPITAL INVESTISSEMENT are reserved for mynth community members. Register for free to unlock full data.
Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Acquirer: tikehau capital / idia capital investissement