AMAG acquires 70% stake in Aircraft Philipp Group

AMAG Austria Metall AG is acquiring a 70% share of the German Aircraft Philipp Group (ACP), an expert in mechanical machining of aluminum and titanium for aerospace. The transaction is expected to close in late autumn 2020.

“We are pleased to be integrating such a first-class company as ACP into the AMAG Group.”ots.at

• 6 sources
• ots.atEANS-News: AMAG acquires majority share of the German Aircraft Philipp Group - IMAGEAMAG Austria Metall AGAug 17, 2020
• presseportal.deEANS-News: AMAG acquires majority share of the German Aircraft Philipp Group - IMAGE | PresseportalAMAG Austria Metall AGAug 17, 2020
• presseportal.chEANS-News: AMAG acquires majority share of the German Aircraft Philipp Group - IMAGE | PresseportalAMAG Austria Metall AGAug 17, 2020
• metalcenternews.comAMAG Acquiring German Aircraft Parts Company - Metal Center News - Solutions for Profitable DistributionMetal Center NewsAug 17, 2020
• aviationweek.comEuropean Aerospace Aluminum Firms Merge In Integration Play | Aviation Week

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