Airbus, safran and Tikehau Capital to complete the acquisition of Aubert & Duval

On April 28, 2023, Paris

By airbus, safran and Tikehau Capital share holding company completed today to Mr Herman corp Aubert & Duval.

Aubert & Duval is one of the most demanding customers with key strategic suppliers of parts and materials, especially in the aerospace, defense, nuclear industry and medical industry.

The company's annual revenue is around 550 million euros, in places like France with 3700 employees.

Company in special steel and high temperature alloy of the leading-edge technology, and more recently in titanium obtained professional ability, for the aerospace, transportation, energy, defense and medical market is very important.

Appointed by the board of directors of the holding company for the Bruno Durand has Aubert & Duval's chief executive, and will manage its operations.

Safran chief executive anders (Olivier Andries) said: "buy Aubert & Duval will ensure that our research and development strategy of subversive significance of civilian and military engine project, to ensure that countries and the European sovereign, in addition, still can make sure our key components and materials of the supply chain.I have confidence in the new team, they will complete the transformation project, make the French industry leading enterprises."

"The completion of the acquisition is in build a leading European company in the field of key parts and materials, the key step of the way the enterprises in the global competition ability, and support the aerospace and defence business, reducing the supply of geopolitical risk,"Airbus's chief executive, the Fourier (Guillaume Faury), "said airbus would support Aubert & Duval to carry out its ambitious transition plan."

"Buy-out Aubert & Duval reflects the aerospace field is accelerating the pace of transformation and integration.Tikehau Capital很荣幸能够携手空中客车与赛峰集团共同助力该公司复苏，并发展其行业专长。Aubert & Duval是保持法国和欧洲工业独立性的重要战略性参与者，”President Marwan Tikehau Capital, private equity investment LahoudAdded.

This action is in recent years, especially in 2020 created the Ace Aero Partenaires since investment fund to support and strengthen the whole part of the French aerospace measure.The fund by the alternative asset management company Tikehau Capital management, and supported by the French government, the government retained Aubert & Duval gold stake in the company, in order to protect its strategic interests.

Bruno Durandin1984In the Treasury YuSuanSi opens up a career.1989Year, he joinedPSA(nowStellantis) in the financial and production sector,1994As the production manager, and then as a car equipment and component suppliersECIAExhaust branch vice President of purchasing.

Bruno Durandin1998Join valeo company, an industrial operations and purchasing vice President,2001Years was appointed as FranceSAMASThe chief operating officer of the company.He is in2005Joined safran, in pull than company (now the peak electrical and power supply company) as a vice President of procurement, after a few months as deputy chief executive.He is in2009Years was appointed snecma (now safran aircraft engine company), vice President of supply chain, and in2012Joined sagem company (now safran electronics and defense companies), served as vice President of industrial operations.2014Years, he was appointed safran aircraft engine company vice President, industrial operations and supply chain and in2020Years was appointed safran executive vice President of production, procurement and performance.2022years5Month, he leaves the job, and safran chief executiveAubert & DuvalThe transformation of the project.

Bruno Durand,62Years old, graduated from the central institute of technology (Paris1983Years).