Omnes Capital's exits: Finaero / Groupe STTS

Sector 
Industry
Entry Date 
01/2008
Exit Date 
01/2014
Buyer 
Management and funds
Business 
Small-Cap Buyout & Growth Capital

Finaero / Groupe STTS

European leader in aerospace paint and sealing products

Headquartered in Toulouse, the Finaero group initially expanded in aircraft paint and seals with its STTS subsidiary. It does two-thirds of this business with aircraft manufacturers Airbus, ATR, Dassault and sub-assembly manufacturers and one-third with airlines, such as Air France.
In recent years, Finaero has diversified its activities. It refurbishes and fits out VIP aircraft interiors via its AIP subsidiary. Over the past three years, the group has expanded into wiring and manufacturing electrical harnesses via its CIEE subsidiary.