# SOCOMORE acquires MÄDER Group Aerospace and Defense Business Unit

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.

- Type: Acquisition
- Announced: 2019-04-26
- Where: Méry-sur-Oise and L'Aigle, France, France
- Value: $21.3M (19.0M EUR)
- Status: completed
- Products: aerospace coatings, anti-erosion coatings, anti-corrosion coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [SOCOMORE](https://endata.com/companies/16167.md) (acquirer)
- [MÄDER Group](https://endata.com/companies/35827.md) (target)

## Sources

- [socomore.com](https://www.socomore.com/en/blog/news/socomore-expands-its-coating-capabilities-through-its-acquisition-of-the-mader-group-aerospace-and-d), 2019-04-26: "For SOCOMORE Group, this takeover presents an opportunity to add to their range of anti-erosion coatings designed for use with new engines."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.