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Announced

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Tikehau Capital led a €35m investment in Figeac Aero.

Synopsis

Tikehau Capital, a capital market company, led a €35m investment in Figeac Aero, a world class aerospace company specialized in the machining of structural parts, engine and precision parts in light alloys and hard metals. "With this show of support from Ace and on completion of efforts to adjust our existing financing arrangements, the Group’s financial resources will be stronger and its balance sheet will be healthier and better suited to its strategy, thus enabling it to remain securely on the path towards value-creating growth. Despite the remaining uncertainties and difficulties, all these initiatives combined should enable us to emerge from this crisis on a stronger footing and benefit fully from post-crisis economic conditions," Jean-Claude Maillard, Figeac Aero Chairman and CEO.

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