BT2i and JV Group: A strategic merger under the guidance of Tikehau capital
Published on :
22/06/2023
22
June
Jun
06
2023
Altaïr Avocats assisted JV Group and its management in their merger with BT2I. These two major players in the aerospace and defense sector have announced their merger under the aegis of Tikehau Capital, alternative asset manager and majority shareholder in both groups. This merger is a strategic move to consolidate the French market for high-mix low-volume players (production of complex small and medium-sized series).
Both based in the South-West of France, the two companies aim to complement each other. JV Group specializes in the manufacture of prototypes and small series of parts for the defense and space industries. BT2i, meanwhile, is an expert in aircraft and helicopter structures for the defense industry, including Dassault and Airbus.
The aim of this merger is to improve the group's operational performance and production capacity, to enhance its attractiveness and optimize the support it provides to its customers in their growth and development objectives. At the same time, the new group aims to strengthen its presence in three balanced markets (commercial, space and defense).
Altaïr Avocats assisted JV Group and its managers with the corporate aspects of their exit from the capital and their merger with BT2i.
The participants in this operation :
- Company Investment banker: M&A advisor OAKLINS, Raphaël Petit, Sophie Zanella, Théo Cavalière
- Acquirer Investment banker: M&A advisor VULCAIN, Gauthier Baijot
- Purchaser Corporate lawyer: RENAULT THOMINETTE VIGNAUD & REEVE
- Legal and tax auditor: GRANT THORNTON SOCIÉTÉ D'AVOCATS
- Financial auditor: GRANT THORNTON TAS
History
-
Transports Veynat strengthens its territorial deployment with the strategic acquisition of Transports Klein, a gateway to the international market
Published on : 29/02/2024 29 February Feb 02 2024Deals EN
Altaïr Avocats has advised Transports Veynat, the French leader in the transp... -
WE POSITIVE INVEST 2 (ARKEA CAPITAL), WILLE FINANCE and SWEN CAPITAL complete the €8 million fundraising of Beedeez
Published on : 06/02/2024 06 February Feb 02 2024Deals EN
Altaïr Avocats has advised a consortium of investors, WE POSITIVE INVEST 2 (A... -
HEPHAISTOS-Pharma raises €2 million (seed) to accelerate the development of their ONCO-Boost treatment
Published on : 31/01/2024 31 January Jan 01 2024Deals EN
Altaïr Avocats has advised HEPHAISTOS-Pharma, a key player in the biotechnolo... -
Newheat raises €30 million to accelerate its energy transition in Europe
Published on : 28/11/2023 28 November Nov 11 2023Deals EN
Altaïr Avocats supported Newheat in its recent €30 million fundraising. This... -
IRDI Capital Investissement and Banque des Territoires are participating in the €4M financing of the startup Abelio.
Published on : 09/10/2023 09 October Oct 10 2023Deals EN
Altaïr Avocats has advised IRDI Capital Investissement and Banque des Territo... -
QL Clean acquires Bretagne Sud Renovation
Published on : 05/10/2023 05 October Oct 10 2023Deals EN
Altaïr Avocats provided legal counsel to QL Clean in its acquisition of Breta... -
Toopi Organics raises €11m from VisVires New Protein, european impact funds, BNP développement and existing investors
Published on : 05/10/2023 05 October Oct 10 2023Deals EN
Altaïr Avocats supported lead investor VisVires New Protein in raising €11m f... -
QL Clean acquires the savary group and strengthens its position in the energy solutions market
Published on : 05/10/2023 05 October Oct 10 2023Deals EN
Altaïr Avocats advised the QL Clean investment consortium, led by Jean-Charle... -
BT2i and JV Group: A strategic merger under the guidance of Tikehau capital
Published on : 22/06/2023 22 June Jun 06 2023Deals EN
Altaïr Avocats assisted JV Group and its management in their merger with BT2I...