The Bossard Group, Zug, Switzerland, strategic partner for industrial fastening and assembly technology solutions to global OEM companies, has agreed to acquire the French Aero Negoce International Group (ANI).
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The closing is expected in 2024.
The acquisition will add 33 employees to Bossard’s 2,900, deployed in 81 locations in 31 countries. ANI has EUR 25 million in annual sales.
“The intended acquisition of Aero Negoce International SAS is an important step to accelerate our growth strategy in the aerospace industry and strengthens our strategic presence in the Aerospace Valley in France. In addition, we see great market opportunities in the cooperation with Bossard Aerospace Germany, which will further strengthen our position in the European aerospace industry,” said Daniel Bossard, CEO of the Bossard Group.