Omnes acquires minority stake in Aero Negoce

Kenny Wastell
14 September 2017

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Omnes Capital has acquired a minority stake in Aero Negoce International (ANI), a French distributor of fastening hardware for the aerospace industry.

The deal is part of a buyout of the firm from its founder Claude Patin by his step-daughter Nathalie Bianchini and her husband and ANI chief executive Patrick Bianchini.

Following the transaction, the company will look to grow by increasing its range of products; expanding its existing presence in the US market beyond its current sourcing division on the east coast; developing its maintenance, repair and operations activities; and pursuing potential acquisitions in Europe and the US.

The deal is the sixth investment made by Omnes Croissance 4, which held a final close on €210m in January 2017.

Debt
LCL, CIC Banque and Société Marseillaise de Crédit provided a debt package to support the deal.

Company
Founded in 1993 and headquartered in Béziers, ANI provides fastening hardware for the aerospace industry. It has a headcount of 25 and supplies customers including Airbus and Dassault.

ANI generated a turnover of €16m in the year ending in June 2017, according to a statement, representing a 17% year-on-year increase.

People
Omnes Capital – Eric Rey (managing partner); Etienne Chemel (principal).
Aero Negoce International – Patrick Bianchini, Nathalie Bianchini (executives).

Advisers
Equity – Paul Hastings, Olivier Deren, Edith Boucaya, Vincent Nacinovic, Etienne Bimbeau, Marc Zerah (legal, tax, social due diligence); Oderis, Julien Passerat, Lan Chau (financial due diligence); CMI, Nicolas Kandel, Hugo Perier (commercial due diligence).
Vendor – Swisslife Banque Privée, Alain Kuperty, Caroline Martinez-Devillepoix (corporate finance); Fieldfisher, Philippe Netto, Ludovic Bernet, Antoine Gabizon, Marion Cressely-Deneuville (legal); Indefi, Emmanuel Parmentier (environmental due diligence).