GILLIS Aerospace has been acquired by the Böllhoff Group
Böllhoff Group has acquired GILLIS Aerospace, a French manufacturer of fasteners for the aerospace industry.
GILLIS Aerospace started its activity of fasteners and attachment parts manufacturing in France in 1965. The company is specialized in the production of small and middle-size series of aerospace fasteners. It offers both standard and custom-made products to its customers. GILLIS Aerospace’ strategy is based on a fully integrated production process. In 2015, the company implemented a lean manufacturing production process in order to reinforce its agility and service level provided to aircraft constructors, equipment manufacturers and partners. GILLIS Aerospace is NADCAP certified.
Established in Germany in 1877, Böllhoff is one of the world's leading manufacturers and suppliers of fasteners and assembly systems. As a family-run company it focuses on long-term success, achieved through highly qualified employees, innovative products and customer-focused services, helping clients to strengthen their position in their markets. Böllhoff has a turnover of US$735 million, 3,300 employees in 50 countries spread across 45 subsidiaries and 13 production sites, including one in France. With this acquisition, Böllhoff aims to further expand its presence in the aerospace sector, offering all customers a wider product range and a broad service portfolio.
Serge Dumas, CEO at GILLIS Aerospace, said: “The global presence of the Böllhoff Group enables us to supply our special fasteners to customers all over the world. In return, we bring our comprehensive know-how in the manufacture of fasteners for the aerospace industry. Thanks to an agile and flexible manufacturing concept, we are able to meet the specific requirements of our customers.”
Oaklins’ aerospace & defense team in France assisted GILLIS and its shareholders throughout the sale process. The team approached companies around the world and structured the most attractive transaction for its clients.
CEO, GILLIS Aerospace
Talk to the deal team
Domusa Group has acquired Equip’Aero Industrie, an actor with a dual positioning in MRO and OEM
Domusa Group continues its strategy of external growth and strengthens its dual positioning in OEM and MRO with the acquisition of Equip'Aero Group.Learn more
Domusa Group has secured equity funding from Galiena Capital and IRDI to finance its buy-and-build strategy
Domusa Group has completed an all-equity financing round with Galiena Capital and IRDI Capital Investissement. They acquired a majority stake in the group, taking over from Ciclad. Michaël Arnac, CEO of Domusa Group, will strengthen his position in the company’s shareholding.Learn more
Colt CZ Group has completed an accelerated bookbuild offering
Some shareholders of Colt CZ Group have completed the sale of part of their shares in an accelerated bookbuild (ABB) offering targeted at select investors. The share price rose by almost 15% from August 2022 (last 12 months low) to right before the start of the ABB, up over 105% from the IPO in 2020. The US$15.1 million ABB (comprising secondary shares only) represented approximately 1.74% of the outstanding shares in the company.Learn more