# 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.

- Type: Acquisition
- Announced: 2019-01-01
- Where: France
- Value: $570.0M (500.0M EUR)
- Status: completed
- Products: MRO services for APUs and landing gear, spare parts trading, engine part repair
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Ardian](https://endata.com/companies/4607.md) (acquirer)
- [Revima Group](https://endata.com/companies/36433.md) (target)
- [Argos Wityu](https://endata.com/companies/36434.md) (partner)

## Sources

- [mynthcapital.com](https://mynthcapital.com/public-deals/revima-group-acquired-by-ardian-LC6EeQgVVU3WhMwawpLB), 2019-01-01: "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."
- [revima.com](https://www.revima.com/press-release-ardian-enters-into-exclusive-negotiations-to-support-revima-a-major-player-in-the-aerospace-mro-sector-in-its-development-alongside-argos-wityu/), 2019-01-16: "Ardian, a world leading private investment house announces that it is in exclusive talks to acquire a majority stake in Revima, a leading MRO solutions provider for aircraft equipment, from private equity firm, Argos Wityu."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.