The European Commission has approved the acquisition of joint control of Aubert & Duval by Airbus, Safran and Tikehau Ace Capital.

Aubert & Duval supplies high-end metallurgical products, in particular forgings, closed die-forged parts, bars and powders on a global scale.
Airbus is a global player in aerospace and defense.
Safran is a global player in propulsion and aerospace equipment and defense systems.
TAC is a global asset management company, mainly active in strategic industries and security technologies.

The Commission concluded that the proposed acquisition would not raise competition concerns, given its very limited impact on market structure.

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