# cunova to go public via SPAC merger and acquire KME Aerospace

cunova GmbH and SDCL EDGE Acquisition Corporation announced a definitive business combination agreement that will make cunova a publicly listed company on the NYSE. Simultaneously, cunova will acquire KME Group's aerospace specialty metals business. The combined company is expected to have an enterprise value of approximately US$736 million.

- Type: Acquisition
- Announced: 2024-02-20
- Where: United States
- Value: $736.0M
- Status: announced
- Products: specialty copper alloy products, aerospace specialty metals
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [cunova](https://endata.com/companies/11549.md)
- [cunova](https://endata.com/companies/11549.md) (acquirer)
- [SDCL EDGE Acquisition Corporation](https://endata.com/companies/11550.md) (partner)
- [KME Group](https://endata.com/companies/11552.md) (partner)
- [KME Group](https://endata.com/companies/11552.md) (target)
- [KME America Marine Tube & Fitting LLC](https://endata.com/companies/75880.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20240220283857/en/cunova-a-Leading-Global-Manufacturer-of-High-end-Specialty-Copper-Alloy-Products-and-SDCL-EDGE-Acquisition-Corporation-Announce-Their-Business-Combination), 2024-02-20: "The proposed business combination is expected to create a scaled, global manufacturer of mission-critical specialty copper alloy products with growth opportunities across diverse end markets including casting, aerospace, maritime, industrial and energy."
- [ng.investing.com](https://ng.investing.com/news/stock-market-news/cunova-set-to-become-public-via-acquisition-of-kme-aerospace-93CH-1225492), 2024-02-20: "The proposed business combination is expected to create a scaled, global manufacturer of mission-critical specialty copper alloy products with growth opportunities across diverse end markets including casting, aerospace, maritime, industrial and energy."
- [lexology.com](https://www.lexology.com/library/detail.aspx?g=d3aa08bc-ed90-4784-8ea3-c7d59463a0a6), 2024-02-27: "cunova will acquire KME Aerospace, a business within AME SE, a German subsidiary of KME Group SpA."

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