News & Insights
Stay informed on Steen Associates’ latest transactions, announcements and insights. This page brings together our press releases and news updates, highlighting key milestones, mandates and developments across our advisory activities.
Press release
Media coverage
Insights
FRANKFURT AM MAIN | THURSDAY 5 MARCH 2026
Steen Associates acted as exclusive financial adviser to HENSOLDT on its acquisition of Nedinsco
HENSOLDT has signed an agreement to acquire Dutch optronics specialist Nedinsco. Based in Venlo and Eindhoven (Netherlands), Nedinsco, founded in 1921, is a long-standing developer and manufacturer of electro-optical sensor systems.
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LONDON | TUESDAY 3 MARCH 2026
Morvern Group on its sale to Precision Castparts Corp
Steen Associates acted as exclusive financial adviser to Morvern Group on its sale to Precision Castparts Corp. (PCC)
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FRANKFURT AM MAIN | THURSDAY 22 JANUARY 2026
Exclusive financial adviser to Silver Investment Partners on its sale of Schüschke to Jamco Corporation
Steen Associates acted as exclusive financial adviser to Silver Investment Partners on its sale of Schüschke to Jamco Corporation, a Bain Capital portfolio company
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LONDON | WEDNESDAY 31 DECEMBER 2025
Acquisition of Senior Aerostructures Division by Sullivan Street and the creation of Zenix completed
Sullivan Street Partners, a UK-based private equity investor specialising in mid-market control buyouts, has reached a binding agreement to acquire the Aerostructures business of Senior plc in its largest deal to date for a total enterprise value of up to £200m.
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FRANKFURT AM MAIN | TUESDAY 30 DECEMBER 2025
Exclusive adviser to HIPER Global on its acquisition of Bressner Technology GmbH from One Stop Systems, Inc
Steen Associates acted as exclusive adviser to HIPER Global (through its German subsidiary Hiper Euro GmbH) on its acquisition of Bressner Technology GmbH (“Bressner”) from One Stop Systems, Inc. (“OSS”) (Nasdaq: OSS).
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LONDON | FRIDAY 18 JULY 2025
Sullivan Street Partners Agrees to Acquire Senior plc’s Aerostructures Business
Sullivan Street Partners, a UK-based private equity investor specialising in mid-market control buyouts, has reached a binding agreement to acquire the Aerostructures business of Senior plc in its largest deal to date for a total enterprise value of up to £200m.
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FRANKFURT AM MAIN | THURSDAY 14 NOVEMBER 2024
roda Computer GmbH has been acquired by MilDef Group AB
Steen Associates acted as exclusive financial adviser to the shareholders of roda Computer GmbH, Germany on its sale to MilDef Group AB, Sweden.
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FRANKFURT AM MAIN | WEDNESDAY 07 FEBRURY 2024
Steen Associates advises KNDS on cornerstone investment in successful Renk IPO
As part of the successful IPO of RENK AG, KNDS N.V. (KNDS), a leading European defense company founded in 2015 through the merger of Krauss-Maffei-Wegmann (KMW) and the French defense company Nexter Systems has subscribed to shares worth EUR 100 million as cornerstone investor.
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FRANKFURT AM MAIN | WEDNESDAY 13 DECEMBER 2023
Steen Associates advises KNDS as they form a strategic alliance with LEONARDO
Under the auspices of the Italian Ministry of Defense, Leonardo and KNDS have signed an agreement for further development of a more intensive cooperation. The aim is to create a truly European Defense Group and, in addition, to cooperate more closely in the field of land based electronics.
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LONDON | FRIDAY 13 OCTOBER 2023
Steen Associates adds to transaction team
Steen Associates is bolstering its transaction team with the addition of Pritam Ghosh in the Frankfurt office as an Associate.
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LONDON | FRIDAY 23 SEPTEMBER 2022
Steen Associates acts as financial advisor to Rafael Advanced Defense Systems Ltd on its acquisition of Pearson Engineering & Responsive Engineering.
Rafael the defence and security company has acquired Pearson Engineering Limited and Responsive Engineering Limited for an undisclosed sum. Rafael is one of the world’s pre eminent suppliers of defence systems specialising in countering hostile threats from the Air, Land and Sea.
Read more
LONDON | WEDNESDAY 31 AUGUST 2022
Creation of Ceramic Core manufacturer in Denby
Morvern Group announces a joint venture between Investech and Tarpey Harris, a subsidiary of Morvern Group, to form Tarpey Ceramics.
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FRANKFURT AM MAIN | THURSDAY 07 JULY 2022
UMS Consulting GmbH & Co. has been sold to Expleo Groupe SAS
Steen Associates acts as exclusive financial adviser to the shareholders of UMS Consulting GmbH & Co. on its sale to Expleo Groupe SAS.
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FRANKFURT AM MAIN | FRIDAY 01 JULY 2022
STAR Capital acquires Vincorion from Jenoptik AG
Steen Associates is pleased to announce that STAR Capital has acquired Vincorion from Jenoptik AG. The carve-out transaction, which was signed in November 2021, completed on the 30th of June 2022 following successfully obtaining all necessary regulatory approvals.
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FRANKFURT AM MAIN | THURSDAY 25 NOVEMBER 2021
Steen Associates acts as exclusive adviser to STAR Capital on their acquisition of Vincorion from Jenoptik AG
Jenoptik AG has signed an agreement to sell the Vincorion division. It will be acquired by a fund managed by STAR Capital Partnership LLP (“STAR”). STAR is a leading private equity firm investing in medium-sized companies across Europe.
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LONDON | MONDAY 22 MARCH 2021
Steen Associates acts as financial adviser to Meigui BV
Steen Associates acted as financial adviser to the Vandenberg company and its shareholders on the sale of its China business to the Australian Group Lynch and the subsequent IPO of the enlarged Group.
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London, Frankfurt & Paris | Thursday 4 February 2021
Steen Associates Industry Commentary
Steen Associates's industry commentary has been published today and will be updated on a quarterly basis.
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FRANKFURT AM MAIN | THURSDAY DECEMBER 17 2020
Strategic advice to Wegmann Unternehmens-Holding on the new corporate governance structure of KNDS
Joerg Freimund and the Steen Associates team continues its long association with Wegmann Unternehmens-Holding, the 50% shareholder of KNDS, the European land systems and vehicle manufacturer, by assisting in the creation of its new corporate governance structure.
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LONDON | TUESADY 18 AUGUST 2020
eCube Solutions has been sold to Baird Capital Partners
eCube Solutions, a leading provider of aircraft end-of-life services, has been sold to Baird Capital. Steen Associates acted as sole financial advisor to the shareholders of eCube Solutions Ltd.
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FRANKFURT AM MAIN | WEDNESDAY 12 FEBRUARY 2020
Drehtainer GmbH has been acquired by MAGNUS Holding GmbH & Co. KG.
Drehtainer GmbH, a leading manufacturer of mobile protection systems, has been acquired by the German Single-Family Office MAGNUS Holding GmbH & Co. KG. Steen Associates acted as sole financial advisor to the shareholders of Drehtainer GmbH.
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FRANKFURT AM MAIN | TUESDAY 12 MARCH 2019
Desay SV Automotive's acquisition of Antennentechnik ABB Bad Blankenburg
Desay SV Automotive's acquisition of Antennentechnik ABB Bad Blankenburg completed today.
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LONDON | FRIDAY 18 JANUARY 2019
Morvern Group has acquired Tarpey Harris Ltd
Tarpey Harris Ltd a leading manufacturer of wax moulded parts, metallic tooling and machined parts supplied to the aerospace and Industrial gas turbine engine markets, has been acquired by Morvern Group, a company established by an investor group to assemble leading aerospace businesses with dynamic management teams.
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FRANKFURT AM MAIN | FRIDAY 30 NOVEMBER 2018
Desay SV Automotive to acquire Antennentechnik ABB Bad Blankenburg
Desay SV Automotive, a Shenzhen-listed leading automotive electronics specialist, is to acquire Antennentechnik ABB Bad Blankenburg GmbH from the German investment company PREMIUM Equity Partners. Steen Associates acted as sole financial advisor to the board of Desay SV Automotive.
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FRANKFURT AM MAIN | TUESDAY 19 SEPTEMBER 2017
Wulf Ihler appointed Partner at Steen Associates
Steen Associates is further strengthening its international business with Wulf Ihler joining the Frankfurt office as a Partner. He will focus on origination and execution of merger & acquisition transactions in the general industrials and in the automotive sector. He will work closely with his colleagues at Steen Associates’ office in London and Paris to increase the firm’s cross-border transaction capabilities.
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LONDON | MONDAY 12 JUNE 2017
Shaanxi Ligeance Mineral Resources (SLMR) completes its acquisition of Gardner Aerospace for £326m
Further to the announcement made on Wednesday 16 November 2016 Shaanxi Ligeance Mineral Resources ("SLMR") and its subsidiary Chengdu Aerospace Superalloy Technology ("CAST") is pleased to announce its acquisition of Gardner Aerospace has now completed.
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LONDON | FRIDAY 2 JUNE 2017
Baird Capital, the direct private investment arm of Robert W. Baird & Co., announced today that it has acquired a majority interest in CAV Ice Protection Limited and CAV Advanced Technologies Ltd (CAV)
CAV is headquartered in Consett, County Durham. The Company's proprietary Ice Protection systems provide a unique solution to a critical safety challenge across numerous segments of the aerospace market. CAV is also a technology and manufacturing partner to major commercial OEMs for hybrid laminar flow control (HLFC) drag reduction systems.
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LONDON | WEDNESDAY 16 NOVEMBER 2016
Shaanxi Ligeance Mineral Resources (SLMR) to acquire Gardner Aerospace for £326m
It was announced today that Gardner Aerospace – one of Europe's market leaders in aerospace metallic detailed parts – is to be acquired by Shaanxi Ligeance Mineral Resources ("SLMR") and its subsidiary Chengdu Aerospace Superalloy Technology ("CAST"), for £326m in cash. SLMR, which is listed on the Shenzhen stock exchange with a market capitalisation of £1.4bn, is being advised by Steen Associates, Herbert Smith Freehills and KPMG in connection with the acquisition.
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FRANKFURT AM MAIN | FRIDAY 24 JUNE 2016
Francotyp-Postalia refinances €120m syndicated loan with international consortium of banks
Steen advised Francotyp-Postalia Holding AG ("FP"), a leading international expert in mail communication, on syndication of an expanded loan agreement.
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LONDON | FRIDAY 27 MAY 2016
Avingtrans sale of Sigma transaction closed today
Sigma Precision Components's acquisition by Silverfleet Capital for a cash consideration of £65 million closed today.
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LONDON | WEDNESDAY 4 MAY 2016
Sigma Precision Components is acquired by Silverfleet Capital for a cash consideration of £65 million
It was announced today (4 May 2016) that Sigma Precision Components ("Sigma"), a UK based company manufacturing rigid pipe and ducting systems for commercial aerospace customers including Rolls Royce and Bombardier has been acquired by Silverfleet Capital for £65 million.
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FRANKFURT AM MAIN | TUESDAY 15 DECEMBER 2016
KMW and Nexter merger closed today
Nexter Systems and Krauss-Maffei Wegmann, two of Europe's leading manufacturers of military land defence systems, closed their merger today.
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MUNICH / VERSAILLES | WEDNESDAY 29 JULY 2015
KMW and Nexter agree to merge, creating a € 2bn European defence technology group
As announced a year ago, Nexter Systems and Krauss-Maffei Wegmann, two of Europe's leading manufacturers of military land defence systems, intend to share their future road ahead. The corresponding agreement was signed on 29 July 2015 in Paris. The alliance of the two groups under the umbrella of a joint holding company creates a Franco-German defence technology group with a current annual turnover nearing 2 billion euro, an order book of around 9 billion euro and more than 6,000 employees.
Read more
FRANKFURT AM MAIN | TUESDAY 30 JUNE 2015
Firstmark is acquired by H-D Manufacturing in $84m cash merger
It was announced today (30 June 2015) that Firstmark Corp, a Maine corporation headquartered in Richmond, Virginia has been acquired by H-D Advanced Manufacturing, a Delaware Corporation headquartered in Pittsburgh Pennsylvania in a $84m cash merger. Firstmark, through its subsidiaries, manufactures and sells components and sub-assemblies that are used in the aerospace and defense industries.
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FRANKFURT AM MAIN | MONDAY 17 NOVEMBER 2014
Steen advises Jenoptik AG on its acquisition of Vysionics Ltd
Jenoptik, the integrated optoelectronics group, has bought 92 percent of the shares in Vysionics, one of the UK's leading suppliers of road safety technology systems. Steen Associates acted as exclusive financial adviser to Jenoptik on this project.
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FRANKFURT AM MAIN | WEDNESDAY 2 JULY 2014
KMW and Nexter announce their intention to merge – Steen Associates is acting as exclusive financial adviser to KMW
Krauss-Maffei Wegmann GmbH & Co. KG ("KMW") of Germany and Nexter Systems SA ("Nexter") of France, two leading European defence companies, are announcing today that they plan to merge. An agreement in principle was signed in Paris yesterday by the two companies and their shareholders, the privately-held Wegmann GmbH & Co. and the French state-owned GIAT Industries. The combined group will have revenue of approx. €2bn, an order book of approx. €6.5bn, and more than 6,000 employees.
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Press release
Media coverage
Insights
FRANKFURT AM MAIN | THURSDAY 5 MARCH 2026
Steen Associates acted as exclusive financial adviser to HENSOLDT on its acquisition of Nedinsco
HENSOLDT has signed an agreement to acquire Dutch optronics specialist Nedinsco. Based in Venlo and Eindhoven (Netherlands), Nedinsco, founded in 1921, is a long-standing developer and manufacturer of electro-optical sensor systems.
Read more
LONDON | TUESDAY 3 MARCH 2026
Morvern Group on its sale to Precision Castparts Corp
Steen Associates acted as exclusive financial adviser to Morvern Group on its sale to Precision Castparts Corp. (PCC)
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FRANKFURT AM MAIN | THURSDAY 22 JANUARY 2026
Exclusive financial adviser to Silver Investment Partners on its sale of Schüschke to Jamco Corporation
Steen Associates acted as exclusive financial adviser to Silver Investment Partners on its sale of Schüschke to Jamco Corporation, a Bain Capital portfolio company
Read more
LONDON | WEDNESDAY 31 DECEMBER 2025
Acquisition of Senior Aerostructures Division by Sullivan Street and the creation of Zenix completed
Sullivan Street Partners, a UK-based private equity investor specialising in mid-market control buyouts, has reached a binding agreement to acquire the Aerostructures business of Senior plc in its largest deal to date for a total enterprise value of up to £200m.
Read more
FRANKFURT AM MAIN | TUESDAY 30 DECEMBER 2025
Exclusive adviser to HIPER Global on its acquisition of Bressner Technology GmbH from One Stop Systems, Inc
Steen Associates acted as exclusive adviser to HIPER Global (through its German subsidiary Hiper Euro GmbH) on its acquisition of Bressner Technology GmbH (“Bressner”) from One Stop Systems, Inc. (“OSS”) (Nasdaq: OSS).
Read more
LONDON | FRIDAY 18 JULY 2025
Sullivan Street Partners Agrees to Acquire Senior plc’s Aerostructures Business
Sullivan Street Partners, a UK-based private equity investor specialising in mid-market control buyouts, has reached a binding agreement to acquire the Aerostructures business of Senior plc in its largest deal to date for a total enterprise value of up to £200m.
Read more
FRANKFURT AM MAIN | THURSDAY 14 NOVEMBER 2024
roda Computer GmbH has been acquired by MilDef Group AB
Steen Associates acted as exclusive financial adviser to the shareholders of roda Computer GmbH, Germany on its sale to MilDef Group AB, Sweden.
Read more
FRANKFURT AM MAIN | WEDNESDAY 07 FEBRURY 2024
Steen Associates advises KNDS on cornerstone investment in successful Renk IPO
As part of the successful IPO of RENK AG, KNDS N.V. (KNDS), a leading European defense company founded in 2015 through the merger of Krauss-Maffei-Wegmann (KMW) and the French defense company Nexter Systems has subscribed to shares worth EUR 100 million as cornerstone investor.
Read more
FRANKFURT AM MAIN | WEDNESDAY 13 DECEMBER 2023
Steen Associates advises KNDS as they form a strategic alliance with LEONARDO
Under the auspices of the Italian Ministry of Defense, Leonardo and KNDS have signed an agreement for further development of a more intensive cooperation. The aim is to create a truly European Defense Group and, in addition, to cooperate more closely in the field of land based electronics.
Read more
LONDON | FRIDAY 13 OCTOBER 2023
Steen Associates adds to transaction team
Steen Associates is bolstering its transaction team with the addition of Pritam Ghosh in the Frankfurt office as an Associate.
Read more
LONDON | FRIDAY 23 SEPTEMBER 2022
Steen Associates acts as financial advisor to Rafael Advanced Defense Systems Ltd on its acquisition of Pearson Engineering & Responsive Engineering.
Rafael the defence and security company has acquired Pearson Engineering Limited and Responsive Engineering Limited for an undisclosed sum. Rafael is one of the world’s pre eminent suppliers of defence systems specialising in countering hostile threats from the Air, Land and Sea.
Read more
LONDON | WEDNESDAY 31 AUGUST 2022
Creation of Ceramic Core manufacturer in Denby
Morvern Group announces a joint venture between Investech and Tarpey Harris, a subsidiary of Morvern Group, to form Tarpey Ceramics.
Read more
FRANKFURT AM MAIN | THURSDAY 07 JULY 2022
UMS Consulting GmbH & Co. has been sold to Expleo Groupe SAS
Steen Associates acts as exclusive financial adviser to the shareholders of UMS Consulting GmbH & Co. on its sale to Expleo Groupe SAS.
Read more
FRANKFURT AM MAIN | FRIDAY 01 JULY 2022
STAR Capital acquires Vincorion from Jenoptik AG
Steen Associates is pleased to announce that STAR Capital has acquired Vincorion from Jenoptik AG. The carve-out transaction, which was signed in November 2021, completed on the 30th of June 2022 following successfully obtaining all necessary regulatory approvals.
Read more
FRANKFURT AM MAIN | THURSDAY 25 NOVEMBER 2021
Steen Associates acts as exclusive adviser to STAR Capital on their acquisition of Vincorion from Jenoptik AG
Jenoptik AG has signed an agreement to sell the Vincorion division. It will be acquired by a fund managed by STAR Capital Partnership LLP (“STAR”). STAR is a leading private equity firm investing in medium-sized companies across Europe.
Read more
LONDON | MONDAY 22 MARCH 2021
Steen Associates acts as financial adviser to Meigui BV
Steen Associates acted as financial adviser to the Vandenberg company and its shareholders on the sale of its China business to the Australian Group Lynch and the subsequent IPO of the enlarged Group.
Read more
London, Frankfurt & Paris | Thursday 4 February 2021
Steen Associates Industry Commentary
Steen Associates's industry commentary has been published today and will be updated on a quarterly basis.
Read more
FRANKFURT AM MAIN | THURSDAY DECEMBER 17 2020
Strategic advice to Wegmann Unternehmens-Holding on the new corporate governance structure of KNDS
Joerg Freimund and the Steen Associates team continues its long association with Wegmann Unternehmens-Holding, the 50% shareholder of KNDS, the European land systems and vehicle manufacturer, by assisting in the creation of its new corporate governance structure.
Read more
LONDON | TUESADY 18 AUGUST 2020
eCube Solutions has been sold to Baird Capital Partners
eCube Solutions, a leading provider of aircraft end-of-life services, has been sold to Baird Capital. Steen Associates acted as sole financial advisor to the shareholders of eCube Solutions Ltd.
Read more
FRANKFURT AM MAIN | WEDNESDAY 12 FEBRUARY 2020
Drehtainer GmbH has been acquired by MAGNUS Holding GmbH & Co. KG.
Drehtainer GmbH, a leading manufacturer of mobile protection systems, has been acquired by the German Single-Family Office MAGNUS Holding GmbH & Co. KG. Steen Associates acted as sole financial advisor to the shareholders of Drehtainer GmbH.
Read more
FRANKFURT AM MAIN | TUESDAY 12 MARCH 2019
Desay SV Automotive's acquisition of Antennentechnik ABB Bad Blankenburg
Desay SV Automotive's acquisition of Antennentechnik ABB Bad Blankenburg completed today.
Read more
LONDON | FRIDAY 18 JANUARY 2019
Morvern Group has acquired Tarpey Harris Ltd
Tarpey Harris Ltd a leading manufacturer of wax moulded parts, metallic tooling and machined parts supplied to the aerospace and Industrial gas turbine engine markets, has been acquired by Morvern Group, a company established by an investor group to assemble leading aerospace businesses with dynamic management teams.
Read more
FRANKFURT AM MAIN | FRIDAY 30 NOVEMBER 2018
Desay SV Automotive to acquire Antennentechnik ABB Bad Blankenburg
Desay SV Automotive, a Shenzhen-listed leading automotive electronics specialist, is to acquire Antennentechnik ABB Bad Blankenburg GmbH from the German investment company PREMIUM Equity Partners. Steen Associates acted as sole financial advisor to the board of Desay SV Automotive.
Read more
FRANKFURT AM MAIN | TUESDAY 19 SEPTEMBER 2017
Wulf Ihler appointed Partner at Steen Associates
Steen Associates is further strengthening its international business with Wulf Ihler joining the Frankfurt office as a Partner. He will focus on origination and execution of merger & acquisition transactions in the general industrials and in the automotive sector. He will work closely with his colleagues at Steen Associates’ office in London and Paris to increase the firm’s cross-border transaction capabilities.
Read more
LONDON | MONDAY 12 JUNE 2017
Shaanxi Ligeance Mineral Resources (SLMR) completes its acquisition of Gardner Aerospace for £326m
Further to the announcement made on Wednesday 16 November 2016 Shaanxi Ligeance Mineral Resources ("SLMR") and its subsidiary Chengdu Aerospace Superalloy Technology ("CAST") is pleased to announce its acquisition of Gardner Aerospace has now completed.
Read more
LONDON | FRIDAY 2 JUNE 2017
Baird Capital, the direct private investment arm of Robert W. Baird & Co., announced today that it has acquired a majority interest in CAV Ice Protection Limited and CAV Advanced Technologies Ltd (CAV)
CAV is headquartered in Consett, County Durham. The Company's proprietary Ice Protection systems provide a unique solution to a critical safety challenge across numerous segments of the aerospace market. CAV is also a technology and manufacturing partner to major commercial OEMs for hybrid laminar flow control (HLFC) drag reduction systems.
Read more
LONDON | WEDNESDAY 16 NOVEMBER 2016
Shaanxi Ligeance Mineral Resources (SLMR) to acquire Gardner Aerospace for £326m
It was announced today that Gardner Aerospace – one of Europe's market leaders in aerospace metallic detailed parts – is to be acquired by Shaanxi Ligeance Mineral Resources ("SLMR") and its subsidiary Chengdu Aerospace Superalloy Technology ("CAST"), for £326m in cash. SLMR, which is listed on the Shenzhen stock exchange with a market capitalisation of £1.4bn, is being advised by Steen Associates, Herbert Smith Freehills and KPMG in connection with the acquisition.
Read more
FRANKFURT AM MAIN | FRIDAY 24 JUNE 2016
Francotyp-Postalia refinances €120m syndicated loan with international consortium of banks
Steen advised Francotyp-Postalia Holding AG ("FP"), a leading international expert in mail communication, on syndication of an expanded loan agreement.
Read more
LONDON | FRIDAY 27 MAY 2016
Avingtrans sale of Sigma transaction closed today
Sigma Precision Components's acquisition by Silverfleet Capital for a cash consideration of £65 million closed today.
Read more
LONDON | WEDNESDAY 4 MAY 2016
Sigma Precision Components is acquired by Silverfleet Capital for a cash consideration of £65 million
It was announced today (4 May 2016) that Sigma Precision Components ("Sigma"), a UK based company manufacturing rigid pipe and ducting systems for commercial aerospace customers including Rolls Royce and Bombardier has been acquired by Silverfleet Capital for £65 million.
Read more
FRANKFURT AM MAIN | TUESDAY 15 DECEMBER 2016
KMW and Nexter merger closed today
Nexter Systems and Krauss-Maffei Wegmann, two of Europe's leading manufacturers of military land defence systems, closed their merger today.
Read more
MUNICH / VERSAILLES | WEDNESDAY 29 JULY 2015
KMW and Nexter agree to merge, creating a € 2bn European defence technology group
As announced a year ago, Nexter Systems and Krauss-Maffei Wegmann, two of Europe's leading manufacturers of military land defence systems, intend to share their future road ahead. The corresponding agreement was signed on 29 July 2015 in Paris. The alliance of the two groups under the umbrella of a joint holding company creates a Franco-German defence technology group with a current annual turnover nearing 2 billion euro, an order book of around 9 billion euro and more than 6,000 employees.
Read more
FRANKFURT AM MAIN | TUESDAY 30 JUNE 2015
Firstmark is acquired by H-D Manufacturing in $84m cash merger
It was announced today (30 June 2015) that Firstmark Corp, a Maine corporation headquartered in Richmond, Virginia has been acquired by H-D Advanced Manufacturing, a Delaware Corporation headquartered in Pittsburgh Pennsylvania in a $84m cash merger. Firstmark, through its subsidiaries, manufactures and sells components and sub-assemblies that are used in the aerospace and defense industries.
Read more
FRANKFURT AM MAIN | MONDAY 17 NOVEMBER 2014
Steen advises Jenoptik AG on its acquisition of Vysionics Ltd
Jenoptik, the integrated optoelectronics group, has bought 92 percent of the shares in Vysionics, one of the UK's leading suppliers of road safety technology systems. Steen Associates acted as exclusive financial adviser to Jenoptik on this project.
Read more
FRANKFURT AM MAIN | WEDNESDAY 2 JULY 2014
KMW and Nexter announce their intention to merge – Steen Associates is acting as exclusive financial adviser to KMW
Krauss-Maffei Wegmann GmbH & Co. KG ("KMW") of Germany and Nexter Systems SA ("Nexter") of France, two leading European defence companies, are announcing today that they plan to merge. An agreement in principle was signed in Paris yesterday by the two companies and their shareholders, the privately-held Wegmann GmbH & Co. and the French state-owned GIAT Industries. The combined group will have revenue of approx. €2bn, an order book of approx. €6.5bn, and more than 6,000 employees.
Read more
Steen Associates Limited is authorised and regulated by the Financial Conduct Authority.
© Copyright Steen Associates. All rights reserved.
Steen Associates Limited is authorised and regulated by the Financial Conduct Authority.
© Copyright Steen Associates. All rights reserved.
Steen Associates Limited is authorised and regulated by the Financial Conduct Authority.
© Copyright Steen Associates. All rights reserved.
