Acquisition of Titan Aviation by Klubb Group
Reinhart Marville Torre advised Klubb Group, an industrial bodywork manufacturer in fast growing among the European leaders in the market for aerial work platforms, in the acquisition of Titan Aviation, a manufacturer of refueling trucks for airports.
Klubb Group, a French group with a turnover of over 200 million euros and approximately 650 employees, acquired the business including 150 employees from Titan Aviation, as part of the transfer plan approved on October 3, 2023, by the Commercial Court of Villefranche-sur-Saône. This acquisition was carried out alongside a minority investor, the Japanese group specialized in bodywork, Yano. The transaction was definitively completed at the end of February 2024.
Founded in 1955, Titan Aviation (Groupe Pourprix) is the European specialist in fueling equipment for civil and military aircraft.
Klubb Group aims to make its new subsidiary, renamed Titan Aero Group, the European leader in decarbonized refueling, while strengthening its presence in exports and asserting its position as a privileged partner of European armies.
Other firms involved
- Darrois Villey Maillot Brochier on bankruptcy law aspects for Klubb Group;
- Veil Jourde for Yano;
- Juris Vendôme for Titan Aviation.
Our Team
The Reinhart Marville Torre team consisted of:
- Hadrien Bourrellis, partner, and Charles-Audouin Pascaud, counsel for corporate aspects and negotiation,
- Laurent Cavallier, partner, for financing aspects.
About Reinhart Marville Torre
Founded in 1990, Reinhart Marville Torre is a business law firm with 65 lawyers who provide advice and litigation services to companies and their executives to support and advise them in their legal and judicial strategy.
The firm has gradually expanded its offering to cover all areas of business law: corporate, financing, litigation, competition law, employment law, tax law, public law, professional and industrial liability and risk, and real estate law.
About the Corporate team
The Corporate team is regularly involved in complex development and restructuring operations with strategic implications for companies.
Our corporate & finance department is involved in mergers & acquisitions, capital markets, private equity and reorganizations, advising our customers – listed and unlisted companies, entrepreneurs and investment funds – on the structuring and execution of their transactions, and on governance matters.
