Latest Aviation News MRO & Support ARDIAN WANTS TO ACQUIRE A MAJORITY STAKE IN REVIMA

Ardian wants to acquire a majority stake in Revima

Emilie Drab
31/01/2019 | 244 words
Ardian wants to acquire a majority stake in Revima
Revima
The Ardian group has entered exclusive negotiations with Argos Wityu to acquire a majority stake in Revima. As part of this operation, which must be approved by antitrust authorities as well as by the works council, Argos Wityu and Olivier Legrand, President at Revima Group will reinvest in the MRO company, alongside Ardian.

Argos Wityu had become a Revima shareholder in July 2017. Since then, the two entities Revima APU and Revima (which specialises in landing gear maintenance) merged under the same name, Revima, in June 2018 and then adopted a new visual identity in October. While continuing to invest in its French site, the group has also firmly set its sights on its international development and is currently working on the construction of a new facility in Thailand, which will enter operations in 2020.

At the same time, Revima is currently in exclusive negotiations for two acquisitions to strengthen its skillsets in repairing engine parts and in the field of advanced predictive maintenance.

Revima currently employs around 750 people and achieved over 280 million Euro turnover in 2018, registering double-digit growth and confirming the trend of the last few years. "Our rapid development these last years and the existing and future opportunities for both internal and external growth make us particularly enthusiastic about Revima's prospects (...) Our priority is to become a global player, expanding its skills and know-how into new areas, and be closer to its customers", says Olivier Legrand.
 
 
 
They made this section possible
 
Related articles

The main mergers, acquisitions and consolidations in the MRO industry

18/02 UK airline flybmi collapses under fuel costs, Brexit pressures
14/02 Sabca still surfing on the Sale of the century
14/02 Airbus pulls plug on costly A380 superjumbo as sales plummet
14/02 Lufthansa Technik, Etihad and EAD Aerospace want to standardise STCs with the IAMA alliance
14/02 PEMCO launches its programme to convert Boeing 737-700s into freighters
14/02 Magnetic MRO wants to develop cabin modification activities in China
15 HOURS AGO
Dutch low-cost carrier TRANSAVIA has decided to fit five of its Boeing 737-800s with Split Scimitar Winglets this (...)
18 FEB 2019
DUBAI AEROSPACE ENTERPRISE (DAE) has announced that JORAMCO, its MRO facility based in Amman, has obtained EASA Part-145 (...)
18 FEB 2019
JET AVIATION has added a second Boeing 737 (BBJ1) to its fleet of managed aircraft in Europe, the (...)
13 FEB 2019
EMBRAER has signed a Flight Hour Pool Program to support the component needs for AIR ASTANA's new E-Jets (...)
13 FEB 2019
(MRO Middle East) In the hypothesis of a merger between Emirates and Etihad Airways, SHEVANTHA WEERASEKERA, Head of (...)
ALERTAVIA, the News platform for Aerospace and Defense industry Professionals.

Featured Content
AFI KLM E&M steps up a gear on CFM's LEAP
Sabena technics finally gets back on-board C-130Hs
Airbus and Thai Airways to launch a new joint venture MRO facility at U-Tapao
How Thai Airways will Expand Rolls-Royce's Trent Engine Service Network
China embarks on board aircraft recycling
LATEST NEWS   CIVIL AEROSPACE   MRO & SUPPORT   AIR TRANSPORT   DEFENCE   SPACE
Follow us
© 2019 Le Journal de l'Aviation - All rights reserved

By continuing to use the site, you agree to the use of cookies. You can find out more by following this link.  OK  Find out more