Stamford, CT, December 2023: TrueNorth Capital Partners LLC is pleased to announce that its wholly-owned subsidiary, TNCP, LLC (“TrueNorth”) acted as exclusive financial advisor to NMB-Minebea UK Ltd a wholly-owned subsidiary of Minebea Mitsumi Inc. (TYO 6479) (“MinebeaMitsumi”) on its acquisition of 100% ownership in RO-RA Aviation Systems (“RO-RA”) a wholly-owned subsidiary of Aero Products Invest GmbH.

RO-RA is an Austrian company engaged in the sales and production of link rod assemblies and precision machined components. The link rod assemblies are widely used in aircraft; such as interior, structure, and engine.

The acquisition of Ro-Ra will allow MinebeaMitsumi to enable vertically integrated production of link rod assemblies, and it also enables MinebeaMitsumi to obtain a competitive advantage over the competition in terms of lead time, cost, and technical services.

Mr. Mark Stansfield, Managing Director of NMB-Minebea UK Ltd, stated, “We are very excited about this opportunity to expand our customer product and service offering into value-added solutions on swaged tubes and control rods for aerospace applications as well as complex machined parts for aero engines.”

Mr. Daniel J. Lemieux, Managing Executive Officer of Minebea Mitsumi Inc., Head of MinebeaMitsumi Aerospace and Machined Products Division, and President, New Hampshire Ball Bearings, Inc. also commented, “The technology of swaged tube manufacturing complements the current aerospace products portfolio of MinebeaMitsumi Aerospace and will easily integrate into the MinebeaMitsumi Precision Technologies segment. TrueNorth was integral to the successful acquisition of RO-RA under a compressed time frame and we appreciate their assistance.”

Fred Rossetti, Managing Director at TrueNorth, acted as Lead Banker on this transaction with further support by Ani Vajjah, Vice President, and Mindy Piroonhapat, Analyst.

Any further inquiries can be directed to TrueNorth at the contact information provided below:

Fred Rossetti, Managing Director
Direct Dial Phone Number: (203) 817-0276
E-mail address: frossetti@truenorthcp.com

About Minebea Mitsumi Inc.:

MinebeaMitsumi (TYO 6479), together with its subsidiaries, manufactures and supplies machined components, electronic devices and components, automotive, and industrial machinery and home security business in Japan and internationally. It operates through Precision Technologies; Motor, Lighting & Sensing; Semiconductors & Electronics; and Access Solutions segments. The company offers bearing products, including miniature and small-sized ball bearings, rod end and spherical bearings, roller bearings, bushings, precision machined parts for aircraft, and medium- and large-sized ball bearings for aerospace use. It also provides bearing-related products, such as pivot assemblies, precision mechanical assemblies, fasteners, defense related special components, and electromagnetic clutches and brakes. MinebeaMitsumi was incorporated in 1951 and is headquartered in Tokyo, Japan.

About RO-RA Aviation Systems GmbH:

RO-RA Aviation Systems designs, manufactures, and sells link rod assembly products and high-precision machined parts for the aerospace market. RO-RA mainly performs the development, design, and sample production of link rod assemblies after the integration. RO-RA is based in Schoerfling am Attersee, Austria.

About TrueNorth Capital Partners LLC:

TrueNorth provides advisory services to companies seeking advice for middle-market M&A and financing transactions. With offices in Stamford CT, Charleston SC, Central NJ, Minneapolis MN, Tokyo Japan, and London UK, TrueNorth is a boutique investment bank comprised of senior bankers providing a full complement of financial advisory services. Our focus on the middle-market enables us to provide independent, value-added advisory services to privately held middle-market companies, private equity and family office groups and corporate clients, both domestic and international, across a broad range of industries. TrueNorth conducts its securities related business through its wholly owned subsidiary, TNCP, LLC, member FINRA/SIPC.