M&A Deal Summary

GKN Aerospace Acquires Aerospace Composite Technologies

On January 1, 1997, GKN Aerospace acquired aerospace company Aerospace Composite Technologies from Montagu and Bridgepoint

Acquisition Highlights
  • This is GKN Aerospace’s 1st transaction in the Aerospace sector.
  • This is GKN Aerospace’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 1997-01-01
Target Aerospace Composite Technologies
Sector Aerospace
Buyer(s) GKN Aerospace
Sellers(s) Montagu
Bridgepoint
Deal Type Add-on Acquisition

Target

Aerospace Composite Technologies

Luton, United Kingdom
Aerospace Composite Technologies was formed to acquire the Engineering & Heating Systems Business of Lucas Aerospace a division of Lucas Industries. The business produces three distinct product ranges: aircraft transparencies, ice protection equipment and electro luminescent lighting.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

GKN Aerospace

Redditch, United Kingdom

Category Company
Founded 1939
Sector Aerospace
DESCRIPTION
GKN Aerospace location in St. Louis, Missouri.
GKN Aerospace location in St. Louis, Missouri.

GKN Aerospace is the aerospace operation of GKN plc, serving a global customer base and operating in North and South America, Australia, the Asia Pacific and Europe. The business is focused around three major product areas – aerostructures, propulsion systems and transparencies, plus a number of specialist products – elector-thermal ice protection, fuel and flotation systems, and bullet resistant glass. The business is equally split along military and civil lines with significant participation on all major aircraft programs today. GKN Aerospace is a major supplier of complex composite structures; offers one of the most comprehensive capabilities in high performance metallic processing and is the world leading supplier of cockpit transparencies and passenger cabin windows.


DEAL STATS #
Overall 1 of 2
Sector: Aerospace M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: United Kingdom M&A 1 of 1
Year: 1997 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-05-09 ASTECH Engineered Products

Santa Ana, California, United States

ASTECH Engineered Products, Inc. is a supplier of lightweight, high-strength, heat-resistant and noise-suppression structures for commercial and military aircraft, space vehicles, missiles, and other applications.

Buy -

Seller(S) 2

SELLER

Montagu

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 11.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Montagu is an independent private equity firm focused on European management buyouts and growth capital transactions. The Firm seeks opportunities valued between €100 million and €1 billion. Sectors of interest include healthcare, medical products, financial services, software, IT, information services, and education. Montagu dates back to 1968 and is based in London.


DEAL STATS #
Overall 10 of 76
Sector: Aerospace M&A 1 of 2
Type: Add-on Acquisition M&A Deals 4 of 31
Country: United Kingdom M&A 10 of 41
Year: 1997 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-01-01 Centrewest London Buses

London, United Kingdom

Centrewest London Buses Ltd. operates a fleet of vehicles from garages in West and South London. Centrewest reputation for innovation and quality of service, together with management's proven ability to control costs and strengthen revenue in an increasingly competitive environment, made it an attractive investment proposition.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1997-07-01 Metric Group

Swindon, United Kingdom

Metric is a leading company in the supply and manufacture of parking management solutions and accordingly take our products and services very seriously. With a 40 year history in the ticket issuing sector, the company is at the forefront of design and innovation, and consequently has a major presence worldwide, with the Headquarters being based at Metric House in Swindon, England.

Buy -
SELLER

Bridgepoint

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 75.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Bridgepoint is a large European private equity firm that invests in middle-market companies across a broad range of industries with an enterprise value of €200 - €1000 million. Prospective transaction situations include buyouts, buy-ins, growth financings, consolidations, and take privates. The firms invest in the range of €75 - €400 million transaction. Bridgepoint Development Capital specializes in investments in businesses valued up to a €150 million, taking equity stakes of between €10 million and €75 million. General sectors of interest include consumer products and services, retail, financial services, healthcare, media, technology, industrials, and business services. Bridgepoint was formed in 1984 and has offices in London, Frankfurt, Luxembourg, Madrid, Milan, Paris, Stockholm and Warsaw.


DEAL STATS #
Overall 1 of 112
Sector: Aerospace M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 39
Country: United Kingdom M&A 1 of 50
Year: 1997 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-01-01 Navimo Group SAS

Lorient, France

Navimo Group SAS is a manufacturer and distributor of recreational marine equipment such as accessories for pleasure boats. Navimo Group is based in Lorient, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-01-01 JDR Cable Systems

Littleport, United Kingdom

JDR is a world-class provider of subsea technologies and services connecting the global offshore energy industry. Company flexible and innovative technologies enable vital control and power delivery for both the oil and gas and renewable energy sectors.

Buy €36M