Aerocast, located in Montierchaume, France, is a leading aluminium casting company to the aerospace & defence industry specialized in the so-called lost-wax or investment casting technology. The product portfolio comprises various structural parts for the application in civil and military aircrafts and helicopters. The customer base consists of renown OEMs und Tier-1 suppliers from the aerospace industry. Aerocast has around 100 employees.
Aviagroup is an international group of aerospace companies (Secan, Aviatube, Indraero Siren and SAM) with production sites in France and Morocco and around 1,000 employees in total. Aviagroup actively supports a close cooperation between the group members on operational, commercial and administrative level. As a consequence, Aviagroup is able to provide its customers complete and complex solutions in the areas of Thermal Management, Aluminium Tubes and Aerostructures. Aerocast will become part of the Aerostructures division and will complement the product offerings in terms of technology and application.
Frédéric Saizy, CEO of Aviagroup: "We are delighted that Aerocast becomes a part of Aviagroup. We see considerable operational synergies, not only thanks to the local proximity to the production facility of Indraero Siren. Moreover, we have received very positive feedback and support on this transaction from the customer basis. Aviagroup considers itself as a partner to the aerospace OEMs and pursues a pro-active strategy of industry consolidation through dedicated acquisitions with the aim to stabilize the value and supply chains to the benefit of its customers.“