We have advised Gardner Aerospace, a UK-headquartered leading international manufacturer of aerospace mechanical parts and assemblies, on new financing from its shareholders and from HSBC.
Gardner Aerospace, a leading international manufacturer of aerospace components, is pleased to announce a £80m (over €95m)equity injection from its holding company Ligeance Aerospace Technology (000697.SZ) and a £45m (over €53m) working capital facility from HSBC UK. A financial injection is earmarked for debt refinancing and bolstering additional working capital, positioning Gardner Aerospace for sustained operational excellence and growth.
The new financing enables Gardner Aerospace to enhance its balance sheet and financial flexibility and ensure that the company continues to meet the evolving needs of its clients efficiently. This comes at a critical time when the aerospace industry is witnessing increasing build rates across the majority of programmes that Gardner Aerospace participates in. The company remains committed to delivering exceptional value and support to its customers, reinforcing its role as a trusted partner in the aerospace supply chain.
This financial accomplishment underscores the confidence of the financial community in Gardner Aerospace's strategic direction, operational resilience, and growth potential. The company looks forward to leveraging this new financing to further solidify its market position, drive innovation, and continue its trajectory of sustainable growth.