Ownership

Aerometallic buys Patricomp

Press release Jun 01, 2015

Aerometallic, part of Aernnova Group, has acquired the Finnish company Patricomp.

Patricomp, once belonged to Patria Group, recently owned by KMM-Invest is a company dedicated to manufacturing of sheet metal components and assemblies for aircraft industry. The company has 42 employees.

Patricomp is located in Patria Industrial area at the neighbourhood of Halli airport in Jämsä. It´s activities are tool design and manufacturing, sheet metal part manufacturing, surface treatments, assembly and inspections.

Aernnova is a leading aerostructures company specialized in the design and manufacturing of aerostructures and components such as wings, empennages and fuselage sections.

With strong capacities, capabilities and track record in engineering, manufacturing and program management, Aernnova contributes with cost efficient and reliable solutions to its customers through a flexible scope of activities performed by specialized and globalized business units for Engineering, Composites and Metallic Components.

Headquartered in Spain, Aernnova has expanded its activities worldwide, with the aim of supporting its customers, and operates a network of nearly 20 locations in Spain, Mexico, Brazil, USA, Romania and projects in India and China.

Aernnova had revenues of € 615 million in 2014 and has a workforce of 4,700 employees, with more than a thousand belonging to its engineering business.

Through this operation, Aerometallic strengthens its technological and manufacturing capabilities and Patricomp increases its potential to become part of a group with a global market presence.