The Rafaut Group, supplier of civil aeronautics and defence equipment, continued its expansion with the acquisition of LACE, a subsidiary of the LISI Group, which specializes in the development, production and support of multi-role electromechanical loading equipment for the helicopter market.
With the support of its shareholders, HLD, Ace Capital Partners, Etoile Capital and BNP Parisbas Developpement, this move marks Rafaut Group’s second acquisition in 2021. Rafaut Group is a French intermediate sized enterprise established in five regions.
“LACE is an acquisition that strengthens our know-how of the design, manufacture, maintenance and sale of electromechanical external loading equipment and systems, on an international scale. We are accelerating our diversification with a new team that is innovative, agile and shares our values of industrial excellence,” said Nicolas Orance, Chief Executive Officer of the Rafaut Group.
Rafaut Group explains the long-term support and relationships that LACE has established over the years with key players in the sector, both in France and the export market, create a significant commercial synergy its company. In addition, Rafaut Group states a strong industrial complementarity in the high-quality processes and recognized industrial performance of Rafaut and the electromechanical design skills of LACE will enable the group to accelerate its transformation and position as a major European player.
LACE is directly complementary to RAFAUT Group’s existing core attributes: an equipment manufacturer specialising in carriage systems for fighter aircraft along with actuators and other diverse equipment for civil aeronautics and the defence market.
“Following on from our recent more specialised investment in the defence sector, our strategy to become a major player in both the civil aeronautics and defence sectors is further underlined by this acquisition of LACE,” said Bruno Berthet, President of the RAFAUT Group.