# KME Special Products to acquire KME Group's aerospace specialty metals business

KME Special Products GmbH & Co. KG agreed to acquire KME Group's aerospace specialty metals business, including cunova and KME Aerospace, from KME Group S.p.A. The enterprise value is approximately 9.4 times cunova's pro forma 2023 Adjusted EBITDA of $78 million.

- Type: Acquisition
- Announced: 2024-02-19
- Where: Italy
- Status: announced
- Products: aerospace specialty metals
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [KME Group](https://endata.com/companies/11552.md) (partner)
- [KME Special Products GmbH & Co. KG](https://endata.com/companies/60120.md) (acquirer)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/KME-GROUP-S-P-A-283651/news/KME-Special-Products-GmbH-Co-KG-agreed-to-acquire-KME-Group-s-aerospace-specialty-metals-business-45997688/), 2024-02-19: "KME Special Products GmbH & Co. KG agreed to acquire KME Group’s aerospace specialty metals business from KME Group S.p.A."

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