spot_img
Saturday, December 3, 2022
spot_img

Garrigues guides Aciturri´s acquisition of Malichaud Atlantique

Garrigues has advised Aciturri Aeronáutica, the leading Spanish aerostructures supplier and engine components manufacturer, on its acquisition of Malichaud Atlantique from Chromalloy

-

This acquisition represents an important step forward in Aciturri’s strategic objective to position itself as a Tier1 supplier in the aeronautical engine components market, and significantly expands its current technological and industrial capabilities at the service of leading engine manufacturers such as Safran, Rolls Royce, General Electric and Pratt & Whitney. Malichaud Atlantique employs 249 people and specialises in high-precision turbine guide vanes and blades manufacturing on the main aeronautical engine platforms (LEAP 1A/1B/1C, CFM56, TP400…) for leading engine manufacturers such as Safran or General Electric.

The Rochefort factory, covering 43,000 square meters facilities, incorporates engineering, machining, surface cleaning, brazing and heat treatment, penetrant testing, aluminization, shoot peening, testing and inspection capabilities. It also holds both customer and process certifications to offer the engine components market a wide range of products and services.

On the company´s future Fernández Baragaño added: “We have consolidated our position as aerostructures TIER1, and we will keep growing in this market. Now it is time to face new challenges and evolve Aciturri’s project in the engine business, with the ultimate goal of positioning ourselves in the medium term as a top-level supplier in this business as well.

Malichaud Atlantique will adopt the Aciturri brand and its services will be marketed under the Aciturri Aeroengines trademark.

Garrigues advised Aciturri with a team made up of Juan José Barragán, partner head of the firm´s Castilla y León (Valladolid) and Asturias (Oviedo) offices, Valladolid Tax partner Jesús Esparrells, and Valladolid Corporate/Commercial counsel Ricardo Herrero.

MOST READ NEWS

Cliford, A&O successfully represent DCN, BBVA on arbitration

Clifford Chance has advised Distrito Castellana Norte (DCN), the developer of the largest urban project in Europe ("Madrid Nuevo Norte", known for years as...

Law firm trio advises on EIB’s first euro-denominated digital bond on a private blockchain

The consortium consists of Goldman Sachs Bank Europe SE, Santander Corporate and Investment Banking (SCIB) and Societe Generale. This transaction involved lawyers from Allen &...

Simmons announces new global head of Practices and Markets

A Law graduate from the Universidad Peruana de Ciencias Aplicadas (Peru) and the Universidad de Ávila (Spain), Rojas holds a Law Master’s degree in...
spot_img
spot_img
spot_img
spot_img
spot_img
- Advertisement -spot_img
- Advertisement -spot_img
- Advertisement -spot_img
- Advertisement -spot_img
error: