The holding company owned equally by Airbus, Safran and Tikehau Capital has finalised the acquisition of Aubert & Duval from Eramet.
Aubert & Duval is a strategic supplier of critical parts and materials to high-precision customers, notably the aerospace, defence, nuclear and medical industries. The company generates annual revenues in the region of €550 million and employs 3,700 people, mostly in France.
Its cutting-edge know-how in specialty steels and superalloys, and its more recently acquired expertise in titanium are crucial to the aerospace, transportation, energy, defence and medical markets.
Bruno Durand has been appointed CEO of Aubert & Duval by the holding company’s Board of Directors and will be managing its operations.
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28 April 2023
Filed:
Aerospace
