Aciturri acquires Malichaud Atlantique to boost engine business

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Aciturri Aeronáutica, a leading Spanish aerostructures supplier and engine components manufacturer, and Chromalloy, have reached an agreement for the acquisition of the company Malichaud Atlantique, located in Rochefort (France), 150km north of Bordeaux.

This acquisition represents an important step forward in Aciturri's strategic objective to position itself as a Tier 1 supplier in the aero-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 aero-engine platforms.

"We are thrilled to integrate Malichaud Atlantique into the Aciturri project,” stated Aciturri’s CEO, Álvaro Fernández Baragaño. “It allows us to add new technological and industrial capabilities, but especially to incorporate a team with valuable knowledge and experience to continue developing our portfolio of products and customer services.”

Chromalloy president, Brian Costa commented: “As Chromalloy focuses on the aerospace, energy, and defence aftermarket business sectors and the unique value proposition of our proprietary LifeX solutions, we are pleased to have found a strategic investor who sees the long-term value of the Malichaud Atlantique business.  We wish everyone at Malichaud and Aciturri all the best for the future.”

The Rochefort factory, covering 43,000m2 facilities, incorporates engineering, machining, surface cleaning, brazing and heat treatment, penetrant testing, aluminisation, 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 Baragaño added: “We have consolidated our position as aerostructures Tier 1, 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.

www.aciturri.com

Company

Aciturri

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