Charles Russell Speechlys advises Aciturri Aeronáutica, S.L.U. on the acquisition of Malichaud Atlantique from Chromalloy
Charles Russell Speechlys has advised Spanish aerospace company, Aciturri Aeronáutica, S.L.U. on the acquisition of Malichaud Atlantique from Chromalloy, a French provider of maintenance, manufacturing and repair services for gas turbine engines.
Aciturri is a family owned, founder led business which designs, develops, manufactures, and assembles aeronautical structures and engine components. The acquisition of Malichaud Atlantique marks an important step forward in Aciturri’s strategic objective to position itself as a Tier 1 supplier in the aeronautical engine components market.
The Charles Russell Speechlys team co-ordinated with various law firms and worked across multiple jurisdictions including Spain, France and the UK on this transaction.
Jose Luis Parra Hueso, Yolanda Gómez Martínez & Alfredo Tejedor de la Mata, Aciturri commented: “This is an exciting acquisition for Aciturri and enables us to continue developing our portfolio of products and services. We extend our thanks to James and the rest of the team for their support and expert legal insight in what is a key check point in our growth strategy.”
James Broadhurst, Lead Partner, commented: “We are thrilled to have advised Aciturri Aeronáutica, S.L.U on this acquisition, which will significantly expand their technological and industrial capabilities within the sector. This was our first acquisition for Aciturri and we wish Jose, Yolanda and the wider team every success as they continue on their exciting growth journey.”
The Charles Russell Speechlys team was led by Corporate Partner, James Broadhurst, with support from Senior Associate, Nathan Lightman and Pei Li Kew and Pierre-Adrien Mayot, Associates. Partner, Helen Coward, assisted on the tax side and Charles Mallows, Associate provided support on the commercial side.
Fidal also provided advice to the buyers on the French law elements of the transaction.