We are pleased to announce the sale of Mecaturn (€5M turnover for 35 people), by the family group Lorinvest. The Mecaturn company has been among the suppliers of technical subassemblies for the aeronautics industry for several years. The company, which specializes in precision machining and assembly for large aerospace customers, is joining forces with the ABCM Group, which specializes in large-scale machining.
This sale allows the Lorinvest Group to concentrate its human and financial resources on its main asset: Walor International (€240M in sales), of which it is the majority shareholder.
The company has been transferred to the ABCM Group, a planter located in the west of France, with sales of €25 million and a workforce of around 250 people. The solution built by I-Deal Development convinced Eric Lorin, majority shareholder and representative of Lorinvest. Indeed, the operation allows Mecaturn to maintain its local inking, to secure the company’s management and to give it significant development prospects, given ABCM’s growth dynamics.
Through this acquisition, ABCM diversifies its range of operations by entering directly into the panel of preferred suppliers of Stelia (Airbus Group). This external growth should also enable strong operational synergies, particularly in terms of sales and marketing for Mecaturn.