HLD Europe has entered into exclusive negotiations with IK Investment Partners (“IK”), a leading Pan-European private equity firm to become the majority shareholder of Exxelia Group (“the Group”), the European leader in the manufacturing of high reliability passive components and electromechanical systems. Exxelia’s management will reinvest alongside HLD Europe.
Exxelia develops and manufactures complex passive components and electromechanical solutions for niche industrial markets such as aeronautics, space, defence, medical and rail, where product reliability and performance are essential. The Group serves institutional clients, systems and equipment manufacturers. Exxelia offers a complete and custom product range (capacitors, inductors, resistors, filters, position sensors and rotary joints) embedded into a large number of programs including: the Airbus A350 and Boeing 787 Dreamliner, the Ariane 6 launcher, satellite constellations (such as Galileo and Oneweb), the Rafale and F-35, subway coaches and high-speed trains and medical equipment such as MRI machines and defibrillators.