Safran: the holding acquires Aubert & Duval from Eramet

(CercleFinance.com) - The holding company equally owned by Airbus, Safran and Tikehau Capital finalized today the acquisition of Aubert & Duval from the Eramet Group.


Aubert & Duval (sales of E550 million with 3,700 employees) is a strategic supplier of critical materials and parts for particularly demanding industries, including aerospace, defense, nuclear and medical.

“Completion of this acquisition represents a crucial step towards the creation of a leading European player in critical parts and materials, equipped to compete globally and to support the aerospace and defence industry, thereby reducing geopolitical risks of supply", said Airbus CEO Guillaume Faury.

Safran CEO Olivier Andriès commented: “The acquisition of Aubert & Duval will ensure the national and European sovereignty of our strategic programs developing disruptive civil and military engines, and secure our critical parts and materials supply chain.”

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