Revima
Who owns Revima?
Revima is a French Aerospace & Defence company, currently owned by Ardian since 2019 and Argos Wityu. It changed hands in 2019, when Argos Wityu sold.
Hand-verified · updated 2026-09-30
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Key facts
Ownership history
3 ownership periods · co-invest detected
Argos Wityu sold Revima to Ardian in 2019 after 2 years.
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UKQuestions
Who owns Revima?
Revima is currently owned by Ardian and Argos Wityu, through Ardian Buyout Fund VII, since 2019.
When did Ardian and 1 other acquire Revima?
Ardian and 1 other acquired Revima in 2019.
Who did Revima sell to?
Argos Wityu sold Revima to Ardian in 2019 (Secondary).
Who has owned Revima over time?
Revima has been through 3 private-equity ownership periods: Argos Wityu · via Argos Mid-Market VII · 2017–2019 · sold to Ardian · (Secondary); Ardian · via Ardian Buyout Fund VII · since 2019; Argos Wityu · since 2019.
About Revima
Revima is an independent French MRO group specialised in the repair and overhaul of auxiliary power units (APUs) and landing gear for regional, medium and long-haul aircraft, complemented by engine parts repair and predictive maintenance services. The group is headquartered in Caudebec-en-Caux in Normandy and is among the leading independent providers in its niches, operating from sites in France and Thailand. Current owner disclosures put the group at roughly EUR 504 million in revenue with about 800 employees, up from more than EUR 280 million of revenue in 2018 and around 750 employees at the time of the 2019 ownership change.
Ownership journey
Founded in 1952 at Caudebec-en-Caux in Normandy, Revima entered its private equity phase when Argos Wityu acquired a majority stake in 2017. In January 2019 Ardian announced exclusive negotiations to take control through a secondary buyout, a transaction subject to antitrust approval that completed later in 2019 and made Ardian the majority shareholder. Group president Olivier Legrand and Argos Wityu both reinvested alongside Ardian at that point, and both sponsors remain shareholders today.
Under PE ownership
Under Argos Wityu and then Ardian ownership, Revima expanded production beyond France, building a USD 40 million, 120,000 square foot landing gear overhaul plant at Chonburi, Thailand. The group broke ground in February 2019, completed construction in March 2020 and announced Part-145 certifications from the Thai CAAT, EASA and the FAA in January 2021, with capacity of up to 600 landing gear legs per year. Revima also announced two bolt-on acquisitions in early 2019, buying Toulouse-based predictive maintenance software provider FlightWatching and the Chromalloy France engine parts repair and coatings business near Paris, which employed around 80 people with annual sales of approximately USD 15 million. Over the same ownership period, group revenue grew from more than EUR 280 million in 2018 to roughly EUR 504 million per current owner disclosures.