Recent Cases Dec 7, 2022

Meloche Group Acquires Hemmingford Aerospace

Meloche Group, a leader in developing and manufacturing aerostructure and aircraft engine components for the aerospace sector, has recently completed the acquisition of Hemmingford Aerospace, a family-owned company founded in 1963 and a key player in the aircraft engine part machining industry.

This strategic acquisition will allow Meloche Group to consolidate its position in the market while opening the door to new possibilities with its engine manufacturer customers. By increasing the manufacturing space to over 150,000 square feet, it also enables Meloche Group to significantly expand its production capacity in order to continue more effectively meeting the growing needs of original equipment manufacturers (OEMs) and Tier 1 suppliers in the industry. Aiming to pursue its growth both organically and through strategic acquisitions in Canada and the United States, this acquisition is part of Meloche Group’s growth strategy, which aims to double its sales by 2026, increasing it to $200 million.

Firmly established in Quebec for almost 50 years, the second-generation family business employs 500 people across its five production and R&D sites in Québec.

BCF is proud to have acted on behalf of Meloche Group in this transaction and the setup of a major financing with a team composed of Geneviève Vigneault, Geneviève Martin, Marc-Étienne Brunet and Élodie Gagnon (Mergers & Acquisitions), Martin Sills, Eleonora Eusepi and Ashley Weiss (Financing), Isabelle Gagnon and Alex Thivierge Côté (Taxation), Caroline Emond (Real Estate Law) and Catia Veglia and Josée Lacroix (Corporate Services).

To read the press release, click here.

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