General industry

Sonaca Industries

Supported the CFO and finance team in the negotiation with their banks of the amendment of the existing €175m facilities and extension of a new €50m facility

AMOUNT
Undisclosed
Type
Syndicated
loan
Financiers
Banks

What we did

  • Renewing existing credit
  • Additional credit
  • Relationship management

THE STORY

Financing the growth of a leading aerospace group

Sonaca is one of the world leaders in development, manufacturing, assembly and detailed parts supply in the aeronautical sector. Its expertise extends to civil, military and space markets. Headquartered in Belgium, with industrial plants in 6 countries, employing more than 3,800 people worldwide, Sonaca serves major OEMs and super tier-ones.​

In 2020 Ernest Partners started its collaboration with the CFO and finance team by supporting the negotiation with their banks of the amendment of existing facilities and extension of a facility seeking additional funding in Covid period.​

Following the success of the first mission and the mutual confidence established between us, Ernest anew assisted Sonaca in 2022 by advising and supporting the CFO and finance team in the structuring and negotiation of a sizeable syndicate facility with Belgian and international banks, renewing the existing credit lines.​

In 2024, we supported Sonaca in securing the financing for their agreement to acquire 51% of Aciturri’s aerostructures business. This acquisition positions Sonaca as the third-largest independent global aircraft player, with projected sales exceeding €1 billion.

Ernest Partners is proud to support this ambitious Belgian group.

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Why Ernest
Partners?

Ernest Partners works side by side with clients throughout the process, from initial analysis to the final outcome.

Our team combines financial expertise with hands-on experience. We help clients understand their working capital position, identify where improvements are possible and take the right steps to strengthen liquidity.

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