Jan 1, 2019ACQUISITIONFrance Ardian acquires majority stake in Revima Group
Ardian acquired a majority stake in Revima Group, a French MRO services provider for commercial aviation, from Argos Wityu. The deal value is estimated between €300 million and €700 million.
Value
$570.0M (500.0M EUR)
ProductsMRO services for APUs and landing gearspare parts tradingengine part repair
“Ardian acquired a majority stake in Revima from Argos Wityu, which had held the company since 2017 and reinvested a portion of its proceeds to remain a minority shareholder.”mynthcapital.com
- 2 sources
- mynthcapital.comREVIMA GROUP acquired by ARDIAN - EV/EBITDA & Deal Analysismynth contributorJan 1, 2019
- revima.comPress release – Ardian enters into exclusive negotiations to support Revima, a major player In the aerospace MRO sector, in ITS development alongside Argos WITYU - RevimaRevimaJan 16, 2019
Summarized from public sources; check the original articles before acting on it.