Background
- Nexteam Group (Nexteam) is focused on the design, manufacture and support of mainly metal parts in the Aerospace & Defense industry
- Nexteam is controlled by the management team / founding families with minority stakes held by Tikehau, the former controlling shareholder of Ventana Group (Ventana) and ACE
- Nexteam has 1,500 employees across 11 production sites in France, Poland, Romania and Morocco
- Ventana designs and manufactures high value-added metal components and assemblies across its three divisions (foundry, mechanics and mechanical welding) for the Aerospace, Defense and Energy industries
- Ventana is owned by Ernst Lemberger, Gérard Russo and Guy Kilhoffer
- Vetana has 900 employees across 11 production sites in France, Sweden, Austria, Portugal and Tunisia
Process
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DC Advisory (DC) acted as the exclusive advisor to Nexteam on its merger with Ventana
Outcome
- This transaction will create a leading industrial player in the Aerospace & Defense industry
- The combined group is expected to reach its 2019 pre-crisis level of €315m revenue in 2021, with 2,400 employees across 22 production sites in eight countries (France, Portugal, Austria, Sweden, Poland, Romania, Morocco and Tunisia)
- This transaction demonstrates DC's extensive expertise in the Aerospace & Defense industry
"Our capital strengthening is a guarantee for the teams of the new entity of our confidence in the future. With this merger between two solid market players, which combines complementary industrial skills and a common vision of the role of innovation in our businesses, we intend to play a full part in the economic recovery of the sector. ”