The company, which produces steels, superalloy, titanium and aluminum powder for aerospace applications, has been acquired by Airbus, Safran and Tikehau Ace Capital.
“With this divestment project, Eramet is taking a major step forward in its strategic transformation and is about to write a new chapter of its history with the ambition of becoming a reference for responsible transformation of the Earth’s mineral resources,” said Christel Bories, Eramet group chair and CEO.