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Aries Alliance Announces LBO Structured by Astorg Asset Management

November 01, 2018

Paris – Paul Hastings LLP, a leading global law firm, announced that it has advised shareholders and re-investors of France-based Aries Alliance, a manufacturer of machine tools, titanium wing structures, and engine parts for the aerospace sector, in connection with the LBO of the group, structured by Astorg Asset Management, which acquired a majority stake. BNP Paribas, Banque Populaire, LCL and Société Générale provided senior debt financing for this transaction.

Aries Alliance’s clients include companies involved in parts for aeronautical structures, engines, aircrafts, helicopters, missiles, and launchers for the civil, military, or aerospace industries worldwide.

The Paul Hastings team in Paris was composed of corporate partner Olivier Deren and associates Charlotte Dupont and Vincent Nacinovic, tax partner Allard de Waal and associate Thomas Pulcini, as well as employment partner Stephane Henry

Astorg Asset Management was advised by Goodwin (Christophe Digoy, Thomas Dupont-Sentilles, Aurélien Diday and Frédéric Guilloux). The selling financial shareholders were advised by Agilys (Pierre Jouglard and Karine Violeau) and the banks were advised by Volt Associés (Alexandre Tron).

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.