M&A Deal Summary

PRECIMETAL Fonderie de Précision s.a. Acquires SETTAS S.A.

On November 20, 2019, PRECIMETAL Fonderie de Précision s.a. acquired manufacturer SETTAS S.A.

Acquisition Highlights
  • This is PRECIMETAL Fonderie de Précision s.a.’s 1st transaction in the Manufacturing sector.
  • This is PRECIMETAL Fonderie de Précision s.a.’s 1st transaction in Belgium.

M&A Deal Summary

Date 2019-11-20
Target SETTAS S.A.
Sector Manufacturing
Buyer(s) PRECIMETAL Fonderie de Précision s.a.
Deal Type Add-on Acquisition

Target

SETTAS S.A.

Charleroi, Belgium
SETTAS S.A. is a manufacturer of high precision metal parts producing mainly titanium parts up to 400 kg for the international aerospace and other industries.

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Buyer(S) 1

Buyer

PRECIMETAL Fonderie de Précision s.a.

Seneffe, Belgium

Category Company
Founded 1960
Sector Manufacturing
Employees125
DESCRIPTION

PRECIMETAL Fonderie de Précision s.a. is a manufacturer of complex parts made of steel and other alloys intended for the aerospace, prosthesis, and medical instrumentation markets, defense, and other industries.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Belgium M&A 1 of 1
Year: 2019 M&A 1 of 1