Airbus announces acquisition of Aubert & Duval by holding company

Airbus has published an announcement saying that “the holding company owned equally by Airbus, Safran and Tikehau Capital has finalised today the acquisition of Aubert & Duval from Eramet”. Aubert & Duval is, according to Airbus, “a strategic supplier of critical parts and materials” to the aerospace industry and takes in revenues “in the region of €550 million” a year. Airbus said Bruno Durand has been appointed chief executive of Aubert & Duval by the holding company’s board of directors. “The acquisition of Aubert & Duval will ensure the national and European sovereignty of our strategic programs developing disruptive civil