Press release
26/04/2019
Socomore has finalized its acquisition of the Mader Group Aerospace and Defense Business Unit, completing a 100% buy-out of Mader Aero, a french company who develops and markets aerospace coatings.
For Socomore Group, this takeover presents an opportunity to add to their range of anti-erosion coatings designed for use with new engines, 2 years after having purchased the Aeroglaze / Chemglaze ranges of functionalized coatings from LORD Inc. Strengthening their flyable ranges is a key component of Socomore's strategy as they look towards 2024 and their objective of raising turnover to €130m.