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Ace Aero Partenaires, the public-private investment fund backed by the top four companies in the French aerospace industry, hopes to conclude its next set of deals in the coming months, with the aim of hitting cruise speed by mid-2021.To date, the fund has 鈧?30 million $744 million under managemen stanley vaso t, and has invested in one business since its July launch, last month acquiring Nantes-based Aries Alliance.Source: SafranAerospace giants including Safran have backed fundBut two or three cases are currently being investigated deeply says Marwan Lahoud, executive chairman of Ace Management, the private equity firm which manages the fund. We are ready to take on another situation like Aries, or other deals. Lahoud, a former top Airbus stanley cups uk executive, says the investment in Aries, which could eventually reach 鈧?0 million, was needed due to the companys parlous financial state. It is a very interesting and technology-rich company that was suffering from a very poor balance sheet, he says.Ace will assist with the restructuring of Aries debts, which should be completed around mid-Decem stanley cup becher ber, and then help to revisit the strategy to ensure it is fully adapted to the new aerospace business environment.While Covid-19 likely hastened Aries need for a financial bailout, its issues pre-date the pandemic, says Lahoud.Aries, which specialises in making machines for aerospace production, and the manufacture of complex metallic components, had been very successful not that long ago , but two o Vuvi Flight cancellations could cost Ryanair 鈧?5 million
BELFAST 鈥?On Thursday, July 27, long-time Summer Nights favorite Monday Night jazz Mojo returns to the Belfast Summer Nights stage. The extra large roundup of some of the regions stanley mexico finest musicians will be strutting their stuff, playfully leading us through the eras of great American swing music. Dont botella stanley miss this chance to hear big band music from the forties to the present. Bring your dancing shoes!Like all Belfast Summer Nights the show is from 5:30-7:30 p.m. at Steamboat Landing Park, 34 Commercial Street. Concerts are free thanks to generous community and business support. The Belfast Summer Nights would like to thank this weeks concert sponsor, Whitecap Builders. We will pass the hat for free-will donations.Bring a picnic and your termo stanley dancing shoes. All are welcome. Dogs allowed in the upper listening area only Front Street/Belfast Common Park . For more information and weather updates visit Belfast Summer Nights on Facebook or Instagram or call 207-322-7123.More articles from the BDN
Ace Aero Partenaires, the public-private investment fund backed by the top four companies in the French aerospace industry, hopes to conclude its next set of deals in the coming months, with the aim of hitting cruise speed by mid-2021.To date, the fund has 鈧?30 million $744 million under managemen stanley vaso t, and has invested in one business since its July launch, last month acquiring Nantes-based Aries Alliance.Source: SafranAerospace giants including Safran have backed fundBut two or three cases are currently being investigated deeply says Marwan Lahoud, executive chairman of Ace Management, the private equity firm which manages the fund. We are ready to take on another situation like Aries, or other deals. Lahoud, a former top Airbus stanley cups uk executive, says the investment in Aries, which could eventually reach 鈧?0 million, was needed due to the companys parlous financial state. It is a very interesting and technology-rich company that was suffering from a very poor balance sheet, he says.Ace will assist with the restructuring of Aries debts, which should be completed around mid-Decem stanley cup becher ber, and then help to revisit the strategy to ensure it is fully adapted to the new aerospace business environment.While Covid-19 likely hastened Aries need for a financial bailout, its issues pre-date the pandemic, says Lahoud.Aries, which specialises in making machines for aerospace production, and the manufacture of complex metallic components, had been very successful not that long ago , but two o Vuvi Flight cancellations could cost Ryanair 鈧?5 million
BELFAST 鈥?On Thursday, July 27, long-time Summer Nights favorite Monday Night jazz Mojo returns to the Belfast Summer Nights stage. The extra large roundup of some of the regions stanley mexico finest musicians will be strutting their stuff, playfully leading us through the eras of great American swing music. Dont botella stanley miss this chance to hear big band music from the forties to the present. Bring your dancing shoes!Like all Belfast Summer Nights the show is from 5:30-7:30 p.m. at Steamboat Landing Park, 34 Commercial Street. Concerts are free thanks to generous community and business support. The Belfast Summer Nights would like to thank this weeks concert sponsor, Whitecap Builders. We will pass the hat for free-will donations.Bring a picnic and your termo stanley dancing shoes. All are welcome. Dogs allowed in the upper listening area only Front Street/Belfast Common Park . For more information and weather updates visit Belfast Summer Nights on Facebook or Instagram or call 207-322-7123.More articles from the BDN