# Pennar Industries to acquire Cadnum SARL for EUR 180,000

Pennar Industries, through its subsidiary Pennar GmbH, agreed to acquire 100% of French aerospace machining company Cadnum SARL for EUR 180,000. The deal was signed on July 13, 2022.

- Type: Acquisition
- Announced: 2022-07-13
- Where: Villebret, France, France
- Value: $184K (180K EUR)
- Status: announced
- Products: engineering and precision machining services
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Pennar Industries](https://endata.com/companies/24852.md) (acquirer)
- [Cadnum SARL](https://endata.com/companies/64159.md) (target)

## Sources

- [business-standard.com](https://www.business-standard.com/article/news-cm/pennar-to-acquire-france-based-aerospace-machining-company-cadnum-sarl-122071400770_1.html), 2022-07-14: "Pennar Industries announced that its wholly owned subsidiary, Pennar Gmbh, Germany has entered into share purchase agreement with Serge DUMAS on 13 July 2022 to acquire 100% equity in Cadnum SARL."

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