An Affiliate of Sun European Partners Acquires Manoir Industries, a Manufacturer of Highly-Engineered Specialty Metal Components and Assemblies

LONDON--()--Sun European Partners, LLP (Sun European Partners), the European adviser to Sun Capital Partners, Inc. (Sun Capital), today announced that one of its affiliates has acquired Manoir Industries (Manoir), a designer and manufacturer of highly-engineered specialty metal components and assemblies, acquired in 2005 by the FCPR TNT-1 a Turnaround private equity firm managed by FinActive. Manoir is specialized for the aerospace, medical, energy, petrochemical, steel, construction, railway, defence industries and operates nine manufacturing facilities, including eight in France, one in Belgium, and a joint venture in China, employing over 2,800 employees. Revenues are in excess of 335 million. Terms of the transaction were not disclosed.

For over 30 years, Manoir Industries has been involved in actively developing new alloys and processes to improve the mechanical and metallurgical properties of metals. The Company has specialized production facilities, demonstrated state-of-the-art technology, and unsurpassed competence and experience in the following metals transformation processes: (i) foundry melting and casting of all ferrous grades and materials, and casting from ounces up to 15 metric tonnes, (ii) forging of ferrous, aluminium, and super alloys including open closed die and net shape forgings, (iii) hydroforming, (iv) fabrication, and (v) machining.

Philip A. Dougall, Managing Director, Sun European Partners, LLP, stated, Our affiliate, Sun Capital, is delighted to support Manoirs management team and dedicated employees in building on their efforts in strengthening the Companys value proposition in its niche industry segments.

Gilles Roland, CEO, Manoir Industries, added, We are pleased to form a partnership with an affiliate of Sun Capital which will allow Manoir Industries to focus on operational improvements and strategic growth as we pursue new levels of product quality and customer service.

About Sun European Partners, LLP

Sun European Partners, LLP is the European advisor to Sun Capital Partners, Inc., a leading U.S.-based investment firm focused on leveraged buyouts, equity, debt, and other investments in market-leading companies that can benefit from its in-house operating professionals and experience. Sun Capital affiliates have invested in and managed more than 140 companies worldwide since Sun Capitals inception in 1995, with combined sales in excess of $33.0 billion. Sun Capital has offices in Boca Raton, Los Angeles, and New York, and affiliates with offices in Tokyo, London, and Shenzhen, China. For more information, please visit www.SunEuropeanPartners.com

Contacts

Sun European Partners, LLP, London
Nathaniel Meyohas, Vice President, +44-2079-295-906
www.SunEuropeanPartners.com

Contacts

Sun European Partners, LLP, London
Nathaniel Meyohas, Vice President, +44-2079-295-906
www.SunEuropeanPartners.com