WeAre has acquired Taramm
French companies specialising in lost wax titanium castings for the aerospace market
|Global M&A Offices||
Financière de Courcelles (Global M&A France)
|Global M&A Advisory||Advisor to the seller|
WeAre Group, a major player in the market for small and medium sized complex elementary parts for the Aerospace industry, has acquired a majority stake in the companies Taramm and Gamma-Tial.
The two production sites, located in the French regions of Ariège and Indre-et-Loire and currently employing 90 people, will enable the WeAre Group to complete its range of technologies and to have a unique know-how in the lost wax titanium casting market.
Taramm and Gamma-Tial combine a total of 18,500sqm of production space and operate a complete and modern machine park, including melting furnaces from 18 to 40 kg. Thanks to this acquisition, the WeAre group will also have its own HIP (Hot Isostatic Pressing), a rare and strategic asset in view of the increase in the aeronautical production rates.
FDC advised the family shareholders of Taramm and Gamma-Tial on this transaction, which secures the aeronautical subcontracting chain in the strategic field of manufacturing titanium castings.
This transaction (the second in which FDC has advised the family shareholders of a company acquired by the WeAre Group after the sale of Bouy in 2017) is an example of FDC's deep knowledge of the Aerospace sector, and its strong commitment to the ongoing process of consolidation of the subcontracting chain.