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SOCOMORE finalized the 100% buyout of MÄDER AERO, the aerospace and defense business unit of MÄDER Group, to expand its coating capabilities. The deal includes a €19m capital increase in MÄDER's holding company.
“For SOCOMORE Group, this takeover presents an opportunity to add to their range of anti-erosion coatings designed for use with new engines.”socomore.com
Summarized from public sources; check the original articles before acting on it.