Tikehau-backed Tikehau Ace Capital, a private equity firm specializing in industries and strategic technologies, agreed to acquire Acatec, an aerospace company. Financial terms were not disclosed. "The weight of the Spanish aerospace industry is very relevant and stands out for its international positioning. Thus, in 2020 it generated €11.4bn. We are proud to be able to announce Aerofondo's first investment and contribute to the development of Acatec, which has established itself as a reliable and trusted player. Acatec has a solid relationship with various tier-1 customers and has a high growth potential thanks to its industrial capabilities for the development of key parts in aircraft such as the A320, A220 and A350 models," Carmen Alonso, Tikehau Capital Head of Iberia and United Kingdom.