Sale of Groupe AA to Capital Export
Paris (France), April 8th, 2025
Financière de Courcelles has advised the shareholders of AA Group (AA Opto-Electronic, Matech, Hyptra, and MCS) on the sale of a majority stake to Capital Export. The Group’s CEO, Stéphane Hadida, retains a significant stake.
Based in Orsay, AA Opto-Electronic designs and manufactures acousto-optic components, key elements in high-end laser technology used across diverse industries, including scientific research, chemical and pharmaceutical, medical and biomedical applications, industrial process control, and quantum computing. Matech, Hyptra, and MCS specialize in the production and distribution of microwave components and systems, mainly for defense applications.
Through this transaction, Capital Export will support AA Group in the acceleration of its international expansion, particularly in Europe and in the United States, both organically and through external growth.
This transaction once again highlights Financière de Courcelles’ deep expertise in the technology, industrial, and financial aspects of cutting-edge sectors such as electronics and defense, as well as its strong commitment to these industries.
Financière de Courcelles: M&A Advisor to the Seller
Philippe Doré – Partner
Philippe Bensussan – Senior Advisor
Florian Jover – Director
Thibault Puissant – Vice President
Quentin Levrey – Associate
< Our transactions