Aviagroup Industries acquires CPP France

Montierchaume/Munich, 2 June 2021 - Quantum Capital Partners („QCP”) announces that Aviagroup Industries SAS („Aviagroup”), a company owned by Quantum Opportunity Fund II GmbH & Co. KG, has acquired 100% of the shares in CPP France SAS („CPP France“ or the “Company”) from the US-based aerospace company Consolidated Precision Products Corp. („CPP“), a portfolio company of Warburg Pincus and Berkshire Partners. The Company will be renamed into Aerocast SAS (“Aerocast”), its former company name, with effect of the transaction. The transaction was supported by QCP’s teams in Munich.

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.“