EU clears Spain's Aciturri to take 45% of France's Aerian
What's the deal? The European Commission on Tuesday approved Spanish aerospace firm AciturriDealroom has a profile for this one. Try Dealroom →'s plan to buy a 45% stake in French company AerianDealroom has a profile for this one. Try Dealroom → from Tikehau CapitalDealroom has a profile for this one. Try Dealroom →. The move strengthens Aciturri's position in aircraft engine components.
Why now? The deal was notified to the Commission on August 5 and reviewed under the simplified procedure reserved for less problematic cases.
What could go wrong? Brussels concluded the transaction raises no competition concerns, citing the joint venture's limited presence in the European Economic Area and the "limited" position the alliance will hold.
The signal: The clearance lets Aciturri deepen its footprint in the aircraft engine components market, an area where scale and supplier relationships matter to European aerospace manufacturers.
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