Three French companies – aerospace manufacturers Airbus and Safran, and investment firm Tikehau Ace Capital – have agreed to jointly acquire aerospace materials business Aubert & Duval, the buyers and the seller announced on 22 February.

French mining and metals group Eramet said it is divesting Aubert & Duval as part of a portfolio reshaping effort, while the buyers said their acquisition will keep an important supplier to Airbus and Safran in French hands.

“The planned acquisition will ensure national sovereignty for our most strategic programmes for disruptive civil and military aircraft engines,” Safran CEO Olivier Andriès said.

Three French companies – aerospace manufacturers Airbus and Safran, and investment firm Tikehau Ace Capital – have agreed to jointly acquire aerospace materials business Aubert & Duval, the buyers and the seller announced on 22 February.

French mining and metals group Eramet said it is divesting Aubert & Duval as part of a portfolio reshaping effort, while the buyers said their acquisition will keep an important supplier to Airbus and Safran in French hands.

“The planned acquisition will ensure national sovereignty for our most strategic programmes for disruptive civil and military aircraft engines,” Safran CEO Olivier Andriès said.

Three French companies – aerospace manufacturers Airbus and Safran, and investment firm Tikehau Ace Capital – have agreed to jointly acquire aerospace materials business Aubert & Duval, the buyers and the seller announced on 22 February.

French mining and metals group Eramet said it is divesting Aubert & Duval as part of a portfolio reshaping effort, while the buyers said their acquisition will keep an important supplier to Airbus and Safran in French hands.

“The planned acquisition will ensure national sovereignty for our most strategic programmes for disruptive civil and military aircraft engines,” Safran CEO Olivier Andriès said.

Three French companies – aerospace manufacturers Airbus and Safran, and investment firm Tikehau Ace Capital – have agreed to jointly acquire aerospace materials business Aubert & Duval, the buyers and the seller announced on 22 February.

French mining and metals group Eramet said it is divesting Aubert & Duval as part of a portfolio reshaping effort, while the buyers said their acquisition will keep an important supplier to Airbus and Safran in French hands.

“The planned acquisition will ensure national sovereignty for our most strategic programmes for disruptive civil and military aircraft engines,” Safran CEO Olivier Andriès said.

Three French companies – aerospace manufacturers Airbus and Safran, and investment firm Tikehau Ace Capital – have agreed to jointly acquire aerospace materials business Aubert & Duval, the buyers and the seller announced on 22 February.

French mining and metals group Eramet said it is divesting Aubert & Duval as part of a portfolio reshaping effort, while the buyers said their acquisition will keep an important supplier to Airbus and Safran in French hands.

“The planned acquisition will ensure national sovereignty for our most strategic programmes for disruptive civil and military aircraft engines,” Safran CEO Olivier Andriès said.

Three French companies – aerospace manufacturers Airbus and Safran, and investment firm Tikehau Ace Capital – have agreed to jointly acquire aerospace materials business Aubert & Duval, the buyers and the seller announced on 22 February.

French mining and metals group Eramet said it is divesting Aubert & Duval as part of a portfolio reshaping effort, while the buyers said their acquisition will keep an important supplier to Airbus and Safran in French hands.

“The planned acquisition will ensure national sovereignty for our most strategic programmes for disruptive civil and military aircraft engines,” Safran CEO Olivier Andriès said.