SOCOMORE has acquired MÄDER Group Aerospace and Defense Business Unit, completing a 100% buy-out of MÄDER AERO, a company specializing in aerospace coatings.
For SOCOMORE Group, this takeover is an opportunity to develop 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 strategy to reach a turnover target of €130m turnover by 2024.
MÄDER has developed a solid reputation for high-tech, environmentally-friendly solutions, highly qualified by major aerospace manufacturers. This new subsidiary will function independently within SOCOMORE’s Coatings Business Unit, with a mission of R&D development synergy in the short-term.
SOCOMORE is adding to their range of coatings (primer, wash primer, topcoat, clear coat, etc.), with the following functions:
- Resistance to High Temperatures
- Resistance to Lightning
- Resistance to Stone-Chip
- Resistance to UV
SOCOMORE is able to offer a full range of chromate-free, water-based coatings, all of which conform to REACH, and which have been approved by major clients such as Safran, UTC/Collins Aerospace, Thales and Airbus Helicopters.
Frédéric Lescure, CEO of SOCOMORE: “SOCOMORE is pursuing its consolidation strategy in the field of specialist chemical products for use on surfaces in aeronautics, with a particular focus on flyable products. This new entity within the SOCOMORE group is entirely in keeping with our goal of developing solutions with significant added-value for our clients. SOCOMORE moves towards consolidation in relation to supply chain stakeholders within the French aerospace sector, something that the major clients are keen to see happen”.
Antonio Molina, CEO of the MÄDER Group: “I am delighted to welcome SOCOMORE from Brittany into the capital of our group’s holding company and extremely proud of the R&D partnership that we have entered into, which will give MÄDER AERO access to cutting-edge technology in the field of functionalized coatings”.