Tikehau Ace Capital and Amundi completed the acquisition of LMB Aerospace.

Tikehau Ace Capital, a private equity firm, Amundi, an asset management company, and IDIA, an investment firm, completed the acquisition of LMB Aerospace, a distributor of electric fans. Financial terms were not disclosed. "LMB are excited to start this new chapter and to continue our successful development in North America, Europe and Asia. We look forward to working with our new Sponsors who will support the company in our strategy to build a strong pure-player in the thermal management solutions market," Thomas Bernard, LMB CEO.