Duesseldorf, Germany-based ThyssenKrupp Services AG is expanding its aerospace materials services business by acquiring UK-based company Apollo Metals Group, which includes Aviation Metals for an undisclosed fee from Murray International Holdings, UK.
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Apollo provides high-grade products such as aluminium, stainless steel and non ferrous metals with value-adding processing services for aerospace manufacturers.
The acquisition will combine Apollo’s largely European and Far Eastern businesses with ThyssenKrupp Services’ largely U.S.-based operations to form a global enterprise with 30 locations in 13 countries and a turnover of more than $700 million.
Currently, ThyssenKrupp Services is servicing the aerospace industry with its subsidiaries in Brazil, …
