LDV Group Limited Acquires Stadco Birmingham Pressings, a Manufacturer of Steel and Aluminum Pressed Parts

LONDON, April 27 --

Sun European Partners, LLP, the European advisor to Sun Capital Partners, Inc. ("Sun Capital"), today announced that one of its affiliates, LDV Group Limited ("LDV"), has acquired 80.1% of the share capital of Stadco Birmingham Pressings ("SBP") from Stadco Holdings Ltd, increasing LDV's ownership of SBP to 100%.

SBP is a manufacturer and supplier of steel and aluminum pressed parts to Land Rover UK, a business unit of Ford Motor Company's Premier Automotive Group, and a manufacturer of steel panels for LDV's MAXUS vans and variants. SBP, which will be renamed Birmingham Pressings Limited, is located within LDV's existing integrated facility in Drews Lane, Birmingham, UK.

Charlie Megan, Interim CEO of LDV Group Limited, stated, "Given its location and strategic importance to LDV, the acquisition of SBP is a natural step and another positive move in further strengthening LDV's supply chain and pursuit of product excellence."

Paul Daccus, Vice President, Sun European Partners, LLP, added, "The SBP acquisition highlights our strong commitment to the continuous development and optimization of LDV's operating platform and growth strategy, as LDV rolls out the new Maxus range and develops derivative product lines."

About LDV Group Limited

LDV Group Limited ("LDV") is a UK-based designer, manufacturer and distributor of a range of light commercial vehicles, including the award-winning MAXUS range of vans. Headquartered in Birmingham, LDV vehicles are sold directly to large customers and through a dedicated network of over 35 franchised dealers with over 120 sales, service, and parts locations in the United Kingdom. For more information, please visit http://www.ldv.com.

About Sun European Partners, LLP

Sun European Partners, LLP is the European advisor to Sun Capital Partners, Inc., a leading U.S.-based investment firm focused on leveraged buyouts, equity, debt, and other investments in market-leading companies that can benefit from its in-house operating professionals and experience. Sun Capital affiliates have invested in and managed more than 115 companies worldwide since Sun Capital's inception in 1995 in the Unites States, with combined sales in excess of US$27.0 billion

Paul Daccus, Vice President, Sun European Partners, LLP, +44-207-929-5906