ACE MANAGEMENT ACQUIRES ARIES ALLIANCE
Ace Management, through its investment fund aeronautics, carries out its first operation with the takeover of the activities of the Aries Alliance group.
A benchmark player in its markets, Ariès Alliance specialises in the manufacture of presses and machines as well as complex mechanical parts intended for structures or engines of planes, helicopters, and launchers for civil and space aeronautics. Ariès Alliance benefits from unique know-how resulting from its mastery of hot forming and drawing technologies for hard metals such as titanium.
The group is positioned as a long-term partner of the main contractors in the industry aeronautics in Europe, North America and Asia with, in particular Airbus, Safran, Dassault Aviation, Rolls Royce, Boeing, Spirit, Kawasaki and even Mitsubishi Motors among its customers.
An Interview With Bernard Rineau Rineau & Associés Avocats
What was it like advising Ace Management?
It was a rewarding experience, with a pleasant fluidity between the firms involved. I would like to thank the colleagues of Weil Gotshal & Manges for the quality of our relations throughout this deal.
Did you run into any difficulties? How did you overcome them?
Key decisions needed to be made from time-to-time. However, the quality of the communication between everyone involved allowed the decision making not to become a problem. No serious difficulties were met.
What expertise did you and your team bring to the table?
We were the local support able to speak the singular and technical restructuring language, which is essential for ensuring a deal of any kind runs smoothly. We were fully committed in a process integrating readiness and responsiveness as imperatives.
