Tikehau Capital, along with Amundi Private Equity Funds, investors from Credit Agricole group — including IDIA Capital Investissement — and Arkéa Capital, have entered into exclusive discussions with Loar Group over a deal for LMB Aerospace.
Loar Group is an aerospace and defence components specialist headquartered in New York, while LMB designs, produces, and distributes of high-performance electric fans and cooling solutions for aerospace and defence applications.
Founded over 60 years ago and headquartered in France, LMB Aerospace employs approximately 75 employees, and has built a strong market position in the defence sector, fostering long-term relationships with Tier 1 clients and OEMs.
Thomas Bernard, LMB Aerospace’s CEO moved to the US in 2016 to develop the North American market. Today, the company generates 30% of its revenues in the US.
Tikehau Capital invested in LMB Aerospace in 2022 through its flagship private equity aerospace and defence strategy, aiming to strengthen and expand the company’s footprint in Europe and North America while diversifying its offerings across new verticals. This transaction would make the third divestment of Tikehau Capital’s private equity strategy dedicated to aerospace and defence.
Completion of the potential transaction remains subject to the satisfaction of the required regulatory clearance condition.
