# LDC backs secondary buyout of ELE Advanced Technologies

Precision engineering firm ELE Advanced Technologies underwent a secondary buyout backed by LDC, with the management team led by CEO Manesh Pandya. ELE manufactures components for aerospace, industrial gas turbines and commercial diesel sectors.

- Type: Acquisition
- Announced: 2019-10-04
- Where: Colne, Lancashire, United Kingdom
- Status: completed
- Products: specialist components for aerospace, industrial gas turbines, commercial diesel
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [LDC](https://endata.com/companies/2016.md) (acquirer)
- [ELE Advanced Technologies](https://endata.com/companies/5630.md) (target)

## Sources

- [walkermorris.co.uk](https://www.walkermorris.co.uk/news/walker-morris-advises-the-management-team-of-ele-advanced-technologies-on-secondary-buyout/), 2019-10-03: "Walker Morris has advised the management team of precision specialist engineering firm, ELE Advanced Technologies, on its secondary buyout backed by LDC."

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