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Eramet M&A Activity 2022
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M&A Activity
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Paris, 21 June 2022, 8:30 a.m.
PRESS RELEASE
Eramet: Signing of the Share Purchase Agreement with the Airbus, Safran and Tikehau ACE Capital consortium
In a press release dated 22 February 2022, Eramet announced the signature of a Memorandum of Understanding (MoU) for the sale of its subsidiary Aubert & Duval to a consortium formed by Airbus, Safran and Tikehau ACE Capital. This agreement was subject to obtaining the opinion of the employee representative bodies.
Following their consultation process, Eramet announces today the signature of the Share Purchase Agreement with the consortium.
The operation should be completed by the end of the year, subject to the waiver of certain conditions precedent, including the obtaining of regulatory approvals1 .
Aubert & Duval is one of the world's leading producers of high-performance steels, superalloys, titanium and aluminum and a strategic supplier for the aerospace industry.
Calendar
27.10.2022: Publication of 2022 Group third-quarter turnover
27.07.2022: Publication of 2022 half-year results
Head office – 10, boulevard de Grenelle – CS 63205 – 75015 Paris – www.eramet.com 1 Notably with regard to competition and market concentration
ABOUT ERAMET
Eramet transforms the Earth's mineral resources to provide sustainable and responsible solutions to the growth of the industry and to the challenges of the energy transition.
Its employees are committed to this through their civic and contributory approach in all the countries where the mining and metallurgical group is present.
Manganese, nickel, mineral sands, lithium, and cobalt: Eramet recovers and develops metals that are essential to the construction of a more sustainable world.
As a privileged partner of its industrial clients, the Group contributes to making robust and resistant infrastructures and constructions, more efficient means of mobility, safer health tools and more efficient telecommunications devices.
Fully committed to the era of metals, Eramet's ambition is to become a reference for the responsible transformation of the Earth's mineral resources for living well together.
www.eramet.com
INVESTOR CONTACT
PRESS CONTACT
Director of Investor Relations Sandrine Nourry-Dabi T. +33 1 45 38 37 02 [email protected]
Communications Director Pauline Briand [email protected]
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Marie Artzner T. +33 1 53 70 74 31 | M. +33 6 75 74 31 73 [email protected]