Materials, Services Jan 19, 2014 11:00 PM
ThyssenKrupp Aerospace acquires aerospace operations of Alimex Metallhandelsgesellschaft
Effective January 01, 2014, ThyssenKrupp Aerospace has acquired the aerospace operations of Willich/Germany-based Alimex Metallhandelsgesellschaft mbH.
ThyssenKrupp Aerospace is thus adding to its product portfolio and will continue Alimex's business of distributing and processing aluminum mill products (rod, sheet, plate) for the aviation industry. All inventories and the customer network will also be transferred to ThyssenKrupp Aerospace. Alimex is withdrawing completely from the aerospace sector but will continue its other areas of business.
"The acquisition of Alimex's aerospace business is a further step in our strategy to strengthen our market position and expand our product and service portfolio. For existing customers of Alimex, nothing will change – on the contrary, all supply and processing services will continue in the same quality and will be complemented by ThyssenKrupp Aerospace's product line"; says Management Board member Sebastian Gudel.
ThyssenKrupp has around 157,000 employees in just under 80 countries working with passion and expertise to develop solutions for sustainable progress. Their skills and commitment are the basis of our success. In fiscal year 2012/2013 ThyssenKrupp generated sales of around €39 billion.
ThyssenKrupp Aerospace supplies material and supply chain management services to the world's leading aerospace companies and their supply chains. The multinational company operates from numerous locations throughout the Americas, Europe, North Africa and the Asia-Pacific region. Located in all the world's aerospace manufacturing regions, the company's 1,600 employees meet the needs of the world's leading original equipment manufacturers via a single supply chain. At the same time, the ThyssenKrupp Aerospace network provides local services to meet the needs of aerospace sub-contractors anywhere in the world.