The holding company that is jointly held by Airbus, Safran, and Tikehau Capital has completed the purchase of Aubert & Duval from Eramet.
For high-precision clients, including the aerospace, defense, nuclear, and medical industries, Aubert & Duval is a vital supplier of essential components and materials. The company employs 3,700 employees, the majority of whom are from France, and has yearly revenues of over €550 million. The aerospace, transportation, energy, defense, and medical industries depend on its cutting-edge knowledge of specialty steels and superalloys as well as its more recent acquisition of titanium expertise.
“The purchase of Aubert & Duval illustrates the accelerating speed of change and consolidation in the aerospace industry. Tikehau Capital is proud to work with Airbus and Safran to support the company’s turnaround and the expansion of its industrial capabilities.
This operation is the most recent in a string of initiatives over the past few years to support and strengthen France’s aerospace industry, including the Ace Aéro Partenaires Investment Fund established in 2020 and managed by alternative asset management company Tikehau Capital with support from the French government, which retains a golden share in Aubert & Duval Company to safeguard its strategic interests.