MADES, a Leonard Levie Owned Subsidiary, Becomes the Perfect Business Expansion Plan for Latécoère

Founded by Leonard Levie in 1996, American Industrial Acquisition Corporation “AIAC” has recently entered into definitive transaction documentation with Latécoère regarding the acquisition of Malaga Aerospace, Defense & Electronics Systems “MADES”. This is the third external growth transaction made by Latécoère - the leading partner of major international aircraft manufacturers, since the completion of the capital increase in August.

The Journey of MADES as the Key Electronic Manufacturing Services (EMS) Provider under the Leadership of Leonard Levie 

The company MADES was acquired by the founder of AIAC, Leonard Levie, in 2015 from Raytheon. This was the time when the Malaga plant was renamed to Malaga Aerospace, Defense, and Electronics Systems (MADES).

After acquisition, Leonard Levie decided to retain the strategy of the Malaga plant, its systems, human resources, and clients and provided the plant greater freedom to explore different markets and new opportunities. 

Being a subsidiary of AIAC, MADES has improved its robust systems continuously and technological development efforts. The AIAC has undertaken all the investments required for the expansion and enhancement of MADES.

At present, MADES provides excellent services for industrialization, manufacture, testing, and integration of cutting-edge electronic systems to the aerospace and defense sectors not only in Spain but internationally. Equipped with various reputable certifications, MADES is geared by the hard work of highly skilled and trained employees and passion of Leonard Levie. 

After dedicating immense efforts and providing complete support for more than half a decade, MADES has been transformed into a successfully running company and positioned at the forefront of innovation and technology.

What Makes MADES Perfect Business for Expansion for Latécoère?

With the constant deliverance of quality and higher customer satisfaction, the supplier of high-precision electronic systems - MADES is a key player in the industry with the focus on printed circuit boards (PCB) for defense, commercial aviation, and industrial-end segments. That’s what makes MADES a perfect business expansion choice for Latécoère. 

MADES will provide Latécoère with vertical integration opportunities and help them fulfill the complete product requirements of their Electrical Wiring Interconnection Systems (EWIS) clientele. Plus, it will also equip Latécoère with new solutions for future generation aircraft and help strengthen the position of Latécoère in the US Defense market segment.

Leonard Levie has always been dedicated to supporting underperforming businesses and companies that need financial backing and good leadership. He is driven by the passion of helping fledgling small and big businesses alike that struggle to move ahead and establishing those businesses as successful ones. MADES is another great example of how he improves the state of businesses at an exponential rate. 

Now, when a great opportunity for MADES to further serve the defense and aviation industry presented itself that will eventually benefit MADES and its stakeholders, he is happy to turn the next chapter of success for MADES under the stewardship of Latécoère.