Airbus and Safran purchase Aubert & Duval

Created on 10.03.2022 15:22

Airbus, Safran and private investing company Tikehau Ace Capital have signed a memorandum to purchase Aubert & Duval, being an aerospace provider. As part of the deal, the partners intend to create a joint holding structure that will manage Aubert & Duval. Operational management of the company will be handed over by Safran. The golden share of the enterprise will belong to the government of France.

Aubert & Duval is an important supplier of finished parts to both Airbus and Safran. The company focuses its activity on the development of superalloys (high-strength and high-temperature alloys) and titanium components. The company has 3.6 thousand employees, the annual revenue is about 500 million euros.

"Aubert & Duval is a traditional supplier equipped with unique technical expertise in Europe. The planned acquisition guarantees a national sovereignty in strategic breakthrough technology programs for civil and military propulsion engineering", said Olivier Andries, the Safran President.

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