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ELE Advanced Technologies: Engineering business secures investment

Partnership aims to further organic growth and support investment in capacity to meet growing demand.

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Sector
  • Industrials

ELE Advanced Technologies (ELE) is a leading manufacturer of specialist components for aerospace, industrial gas turbines, and commercial diesel sectors.

Deal type
  • Secondary buyout

Headquartered in Colne, Lancashire, ELE produces complex parts for turbine blades, vanes and compressor blades. It also supplies turbo-charger components to the automotive sector from its manufacturing plant in Trencin, Slovakia.

ELE’s clients include Rolls-Royce, Safran, Siemens, GE Avio, GE Power and MAN Diesel & Turbo.

Accelerating growth

We supported the secondary buyout of the firm in October 2019 to help the business accelerate its organic growth plans and invest in infrastructure to meet the increasing global demands for its products.

LDC is backing the current management team led by CEO Manesh Pandya who has already steered the business to generate almost £14m in revenues and employ more than 180 people across its facilities.

Client boost

A few months after the secondary buyout ELE announced it had secured some significant long-term contracts including a 20-year supply agreement with Rolls Royce.

The team at LDC has a stellar track record in manufacturing and mirrored our vision for the business. We look forward to building on our success to date in the coming months and years.”
Manesh Pandya, CEO
ELE Advanced Technologies