Go to deals
Aerospace & Defense | Automotive | TMT

LORD Corporation has acquired Fly-by-Wire Systems from SKF Group

LORD Corporation has acquired Fly-by-Wire Systems, a subsidiary of SKF Group, for US$44 million.

LORD Corporation is a diversified technology and manufacturing company developing highly reliable adhesives, coatings, motion management devices and sensing technologies that significantly reduce risk and improve product performance. For more than 90 years, LORD has worked in collaboration with its customers to provide innovative oil and gas, aerospace, defense, automotive and industrial solutions. With world headquarters in Cary, N.C., USA, and revenues in excess of US$800 million, LORD has approximately 3,000 employees in 26 countries and operates 17 manufacturing facilities and nine R&D centers worldwide.

Based in Saint-Vallier, France, Fly-by-Wire Systems (FbW) designs and manufactures cockpit controls, sensors, dampers and electromechanical actuators primarily for fly-by-wire systems on commercial fixed-wing aircraft. FbW was a pioneer in this field as it collaborated with Airbus for its first introduction of fly-by-wire technology on the A320 commercial jetliner.

SKF Group is a leading global supplier of bearings, seals, mechatronics, lubrication systems and services which include technical support, maintenance and reliability services, engineering consulting and training. SKF is represented in more than 130 countries and has some 17,000 distributor locations worldwide.

This acquisition will position both entities for further expansion into new markets and regions, and provide LORD with a major aerospace engineering and manufacturing presence in Europe. LORD customers will now have access to a broader offering around the world of best-in-class dynamic components and electromechanical systems. FbW customers will see renewed focus on innovation and development of FbW’s product portfolio as well as its manufacturing and supply chain management capability.

Oaklins' team in Switzerland advised LORD Corporation on its expansion plans in Europe.

M&A buy-side

Talk to the deal team

Dr. Hans  Bethge

Dr. Hans Bethge

Senior Advisor

Hamburg, Germany
Oaklins Germany
 Jens  Rutten

Jens Rutten


Zurich, Switzerland
Oaklins Switzerland

Related deals

Listan, a leading provider of high-performance computer components, has been acquired by Afinum
Private Equity | TMT

Listan, a leading provider of high-performance computer components, has been acquired by Afinum

The three founders of Listan GmbH have sold a majority stake in the company to Afinum.

Learn more
SCS Computers has been acquired by MAPS Group
Healthcare | TMT

SCS Computers has been acquired by MAPS Group

The private shareholders of SCS Computers, an Italian software company specialized in the healthcare sector, have sold the company to MAPS Group.

Learn more
NRB Group has acquired Prodata Systems

NRB Group has acquired Prodata Systems

NRB Group, a provider of information and technology services, has acquired Prodata Systems.

Learn more