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Aviagroup Industries acquires CPP France

Aviagroup Industries acquires CPP France

Aviagroup Industries acquires CPP France

Aviagroup Industries acquires CPP France

Aviagroup Industries acquires CPP France

Aviagroup Industries acquires CPP France

Montierchaume/Munich, 02.06.2021

Quantum Capital Partners ("QCP") announces that Aviagroup Industries SAS ("Aviagroup"), a company of Quantum Opportunity Fund II GmbH & Co. KG, has acquired 100% of the shares of CPP France SAS ("CPP France" or the "Company") from the US aviation supplier Consolidated Precision Products Corp. ("CPP"), a portfolio company of Warburg Pincus and Berkshire Partners. With the transaction, the company will be renamed to its former corporate name Aerocast SAS ("Aerocast"). The transaction was accompanied by the QCP team in Munich.

Aerocast, based in Montierchaume, France, is a leading aluminum foundry for the aerospace & defense industry specializing in investment casting production technology. The cast parts produced are used in various structural parts for civil and military aircraft and helicopters. The customers include well-known OEMs and Tier-1 suppliers from the aviation industry. Aerocast employs approximately 100 people. Aviagroup brings together several aerospace companies (Secan, Aviatube, Indraero Siren, and SAM) with locations in France and Morocco, totaling approximately 1,000 employees. The Aviagroup companies actively exchange know-how and collaborate closely to develop complex customer solutions. In addition, they leverage common synergies and structures in administrative and commercial areas. Aviagroup categorizes its activities into the focus areas of Thermal Management, Aluminum Tubes, and Aerostructures. Aerocast will complement the technology and application spectrum in the Aerostructures sector in the future.Frédéric Saizy, CEO of Aviagroup: "We are delighted that Aerocast is becoming a part of Aviagroup. Not only because of the close proximity to the nearly neighboring production site of Indraero Siren, we see interesting operational synergy potentials. We have also received very positive feedback and support for the acquisition from the customer side. Aviagroup sees itself as a partner of the aviation OEMs and pursues an active consolidation strategy through selective acquisitions to stabilize the value-added and supply chains in the aerospace industry in the interest of their customers."