Private equity investor LDC has supported a secondary buyout of precision engineering firm ELE Advanced Technologies from Albion Capital and Maven Capital Partners. ELE is a leading manufacturer of specialist components for aerospace, industrial gas turbines, and commercial diesel sectors, with its clients including Rolls-Royce, Safran, Siemens, GE Avio, GE Power and MAN Diesel & Turbo. It generated turnover of £14m and employs more than 180 people at facilities in Colne, Lancashire and Trencin, Slovakia.
