Sonaca Acquires 51% of Aciturri Aerostructures

Bain Capital-led Consortium to Acquire ITP Aero from Rolls‑Royce

September 27, 2021

Aerospace & Defense

Rolls‑Royce has signed a definitive agreement to sell 100% of ITP Aero to a Bain Capital Private Equity‑led consortium, including Spanish co‑investors SAPA and JB Capital, for approximately €1.7 billion. The sale is part of Rolls‑Royce’s disposal programme to raise proceeds and will position ITP Aero as an independent, growth‑focused aerospace supplier headquartered in the Basque Country, Spain; the transaction is expected to close in H1 2022 subject to regulatory approvals.

Baykar Acquires Piaggio Aerospace

December 28, 2024

Aerospace & Defense

Turkish unmanned aircraft manufacturer Baykar has acquired Italian aircraft maker Piaggio Aerospace following approval from Italy's Ministry of Enterprises and Made in Italy. The deal gives Baykar traditional aircraft manufacturing, MRO and engine capabilities in Italy and supports plans to preserve jobs and expand production at Piaggio's facilities.

Aero Interiors Company (AIC) Acquires ECNC Inc. Assets

February 19, 2020

Aerospace & Defense

Aero Interiors Company (AIC), an affiliate platform backed by Balmoral Funds, acquired the assets of ECNC Inc., an Oregon-based aerospace-focused CNC machining and milling business. The bolt-on purchase expands AIC’s vertically integrated manufacturing capabilities, enabling faster turnaround and broader machined product offerings for its aerospace customers.

Tiger Infrastructure Partners Acquires International Aerospace Coatings and Eirtech Aviation Services from Vance Street Capital

December 7, 2022

Aerospace & Defense

Tiger Infrastructure Partners has acquired International Aerospace Coatings (IAC) and Eirtech Aviation Services (EAS) from Vance Street Capital. The transaction combines IAC's global aircraft coatings capability (headquartered in Shannon, Ireland) with EAS's engineering and asset management services (headquartered in Irvine, California) to create a leading aviation aftermarket platform; terms were not disclosed.

Cornerstone Capital Holdings Acquires Integrated Technologies (Intec) from LMI Aerospace

July 1, 2021

Aerospace & Defense

Cornerstone Capital Holdings acquired Integrated Technologies, Inc. (Intec) from LMI Aerospace (a division of The Sonaca Group) on July 1, 2021. The acquisition adds composite and thermoplastic manufacturing and materials testing capabilities to Cornerstone's existing metallic manufacturing portfolio to better serve aerospace, defense and space customers.

Schur Flexibles Group Acquires Sidac SpA

April 7, 2021

Packaging

Austria-based Schur Flexibles Group has acquired Sidac SpA, a Forlì-based Italian manufacturer of flexible packaging, for an undisclosed sum. The deal gives Schur access to Sidac’s Forlì production plant, solvent-recovery facility and a portfolio serving food, beverage, confectionery and animal feed markets; Sidac reported ~€34 million revenue and about 120 employees.