Brotonne Capital SAS, the holding company of REVIMA, has completed the acquisition of 100% of REVIMA APU securities from United Technologies Holdings SAS (UTC). REVIMA APU SAS, as a wholly-owned company of UTC since 2008, was developing its activity on behalf of a division of UTC, Hamilton Sundstrand, and was operating as a separate business entity.
The REVIMA GROUP is a leading independent provider, specialised in Landing Gear MRO (Maintenance, Repair and Overhaul) based in Normandy (France). It employs approximately 600 people and REVIMA GROUP’s market share represents 16% of the global market in its sector with a turnover of EUR69m, realised mainly on an international basis.
Bird & Bird, Cristian Rawlins, Emilie Barbezieux-Jarry advised Brotonne Capital. Morgan Lewis, Roland Montfort, François Vergne (on Labor Law issues), advised United Technologies