Announced

Completed

Metalians completed the acquisition of AVN Decolletage.

Synopsis

Metalians, a machinery industry company, completed the acquisition of AVN Decolletage, a manufacturer of precision machining products. Financial terms were not disclosed. " This acquisition marks an important step in our growth strategy and strengthens our expertise in the field of metallurgy. AVN Décolletage, located in Noyelles-lès-Seclin, is now part of the Metalians Group (SFAM – CFT – MDP) to offer ever more comprehensive solutions to our customers. We would like to warmly thank Julien Ghesquières, mission director at In Extenso Finance, for his rigorous monitoring throughout this transaction, as well as Olivier Nuns of Finorpa for his valuable advice, his trust and his constant support in the development of our group. A big thank you also to Benoît Demagny, seller of AVN, for the quality of the discussions and his collaboration throughout the process," Thibaut Lambijou, Metalians Managing Director.

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