We are pleased to announce the disposal of Mecaturn (€5M sales for 35 people) by the Lorinvest family group. Mecaturn has been a supplier of technical subassemblies for the aerospace industry for several years. The company, which is specialized in precision machining and assembly for major contractors in the aerospace industry, is now part of the ABCM Group, a specialist in large-scale machining.
This disposal enables the Lorinvest Group to focus its human and financial resources on its main asset: Walor International (€240M turnover), in which it is the majority shareholder.
The company joined the ABCM Group, a machining specialist located in the western part of France, which generates €25M in sales with around 250 employees. The solution built by I-Deal Development convinced Éric Lorin, majority shareholder and representative of Lorinvest. Indeed, the deal enables Mecaturn to strengthen its local footprint, to secure its management scheme and to provide development opportunities for the future, given the growth dynamics of the ABCM Group.
Through this acquisition, ABCM diversifies its range of interventions and becomes one of Stélia’s preferred suppliers (Airbus Group). This external growth should also lead to strong synergies, mainly in terms of business.