A French leading aircraft aerostructure manufacturer onboards with a large international trade partner
Deal Flash
Lauak Group, a leading French aerospace group and a Tier-1 supplier to major OEMs, has sold a majority stake to Wipro Infrastructure Engineering, a global provider of engineering and manufacturing solutions.
Founded in 1975, Lauak Group specializes in metal work and assembly, producing everything from individual parts to complex assemblies for airframes and engines. With over 2.000 employees, around EUR 200 millions of revenue and operations in France, Portugal, Canada, Mexico, and India, Lauak serves major aerospace companies such as Airbus, Dassault, Safran, and Bombardier.
After a careful review of their strategic options to secure the group’s long- term future and support growth, Lauak’s shareholders (Charritton family) chose to team up with a large international trade partner. In addition to the business and industrial synergies with Wipro Aerospace, they saw in Wipro Infrastructure Engineering a trustable industrial partner as well as a familly-owned group sharing the same human and commercial values. Post transaction, historical shareholders remain minority stakeholders, and Mikel Charritton, the current CEO, continues to lead the company.
With nearly 50 years of enigeering and manufacturing excellence, Wipro Infrastructure Engineering is a diversified group with 6.000 employees in 33 countries, active in hydraulics, industrial automation, aerospace, water treatment, and additive manufacturing. Wipro Aerospace, created in 2011, provides end-to-end solutions including actuators, aerospace structures, machining, sheet metal fabrication, assembly, and testing, supporting major OEMs.
I particularly appreciated Oaklins’ professionalism throughout the negotiation process. Selling part of my company is a highly significant milestone, and it is essential to be supported by an advisor who stands by you and defends your interests with competence and energy. This was exactly the case with Oaklins and Raphaël Petit, who demonstrated both strong pedagogical skills and a sharp sense of negotiation.MIKEL CHARRITTON, CEO, LAUAK GROUP, FRANCE
Oaklins played a key role in structuring and negotiating this deal
Oaklins’ ADS team in France assisted the shareholders of Lauak Group during this major milestone of the company’s history. In a context of accelerating consolidation within the aerospace supply chain, Oaklins supported the Charritton family in identifying the most suitable partner and negotiating Wipro Infrastructure Engineering’s majority investment. Leveraging its deep sector expertise and international reach, Oaklins played a key role in securing a transaction aligned with Lauak’s long-term ambitions.
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