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

September 27, 2021

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.

Buyers
Bain Capital Private Equity, SAPA Group, JB Capital
Targets
ITP Aero
Sellers
Rolls‑Royce Holdings plc
Location
Basque Country, Spain
Transaction Type
Buyout

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