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Press release

Socomore expands its coating capabilities through its acquisition of the Mader Group Aerospace and Defense Business Unit.

26/04/2019

Press releaseIssued by Socomore Group.

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.

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