Headquartered in Argenton sur Creuse (France), Indraero Siren is a French manufacturer of complex structural components and sheet metal parts for commercial aircrafts and helicopters such as thrust reversers, tail cones, wind leading edges and many others. The core business of Indraero Siren is based on forming metals such as titanium, steel, stainless steel or aluminum to obtain complex shapes, whose elaboration and production require great technology mastery. Primary components are made from various forming technologies such as sheet metal forming, precision forming as well as stretching, bending and stamping. In addition, the company provides simple and complex assemblies including riveting, fastening, welding and metal-metal bonding. Key customers are leading aerospace OEMs and Tier-1 suppliers such as Airbus, Airbus Helicopters, Safran, Sabca and Embraer. Indraero Siren operates production sites in Argenton sur Creuse and Déols (France) as well as in Casablanca (Morocco) with a total workforce of approx. 700 employees. Mr. Frédéric Saizy and Mr. Bilal Anbari will be appointed as Indraero Sirens' new CEOs. They will both manage daily operations at Indraero Siren and AviaGroup Industries together with the incumbent local management teams. Mr. Maxime Stcherbatcheff will join AviaGroup Industries as the new CFO.
Frédéric Saizy, CEO of Secan and Indraero Siren: "We see a huge potential in Indraero Siren's operations and are convinced that - together with Secan and Aviatube - this group has great growth opportunities being regarded as a competent supplier in the aerospace industry." "Within the Group, we can leverage on exceptional manufacturing know-how and trustful customer relationships to leading aerospace companies worldwide. We look forward to support our management teams to expand the group and to build a leading aerospace supplier", Bilal Anbari, CEO of Aviatube and Indraero Siren, added.
About QCP: QCP is a manager of funds who invests in corporate carve-outs and other special situations across Europe ("Quantum Group"). The QCP operations are managed through its Munich headquarters, as well as its offices in Milan and Madrid. The Quantum Group acquires companies with significant potential for operational improvement, growth and development. As an active and responsible owner, Quantum Group works closely with local management to ensure that its subsidiaries implement a continuous development plan and growth strategy. Since its inception in 2008, the Quantum Group has acquired a variety of businesses from world-leading companies such as Robert Bosch, Stora Enso, Dürr, Airbus, Nestlé, Mahle, Tenneco and Norsk Hydro. With a total of 25 completed acquisitions since 2014, the Quantum Group is one of the most active investors in its sector.