HLD Europe enters into exclusive negotiations with IK Investment Partners to acquire Exxelia
HLD Europe has entered into exclusive negotiations with IK Investment Partners (“IK”), a leading Pan-European private equity firm to become the majority shareholder of Exxelia Group (“the Group”), the European leader in the manufacturing of high reliability passive components and electromechanical systems. Exxelia’s management will reinvest alongside HLD Europe. The completion of the transaction is subject to the consultation of employee representative bodies and the approval of the competition authorities as well as the French and American administrations. Exxelia develops and