
Qualium sells Exxelia to LBO France
Qualium (formerly CDC Capital Investissement) has sold French electronics specialist Exxelia to LBO France for an undisclosed amount.
The deal is a quaternary buyout for the company formerly known as Eurofarad. AXA Private Equity bought it from a private vendor in 1998; it subsequently sold it to Chequers Capital for €100m in 2003, which then passed it on to CDC Capital Investissement in 2007.
Exxelia concentrates its activities on the design and manufacture of customised high-technology products including capacitors, filters, precision mechanics, precision potentiometers, slip rings and wound magnetics components (transformers, inductors, sensors). It targets sectors including aerospace & defense, rail, medical, oil and telecommunications.
Exxelia currently has approximately 900 employees across five companies and operates seven manufacturing plants.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information rSave and publishegarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
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