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Aciturri acquires 75.94% of the shares of Alestis

This morning, the Company's shareholders formalized in Seville the sale and purchase operation of Airbus Operations and Unicaja's stakes in Alestis Aerospace. After the acquisition, Aciturri Aeronáutica owns 75.94% of the shares of Alestis, and the Sociedad Estatal de Participaciones Industriales (SEPI) remains in the shareholding structure of the Company with 24.06%.

This operation is carried out with the purpose of making the union of Aciturri and Alestis a sustainable, stable business project with greater guarantees to compete in a global market. With the ultimate objective that both firms are integrated into a common project, in a first stage, Alestis and Aciturri will continue to maintain independent structures and autonomous management bodies, so that each of them establishes and achieves its own objectives, both in the operational and financial scope.

Aciturri, a family business founded in 1977, is one of the main world leaders in the development and manufacture of aeronautical components. With a turnover in 2018 of 303 million euros, the company has two business lines: Aciturri Aerostructures, oriented to the design, manufacture and assembly of aerostructures (fuselage, empennage, wing assemblies ...) and Aciturri Aeroengines, dedicated to the manufacture of engine components: primary structures, housings, rings and high precision machining. Its clients include the main manufacturers in the sector: Airbus, Airbus Defense and Space, Boeing, Embraer, Safran Landing Systems, Safran Aircraft Engines, ITP Aero, and Rolls Royce. The firm currently has 1,539 employees and work centers in Spain (Seville, Burgos, Madrid, Valladolid, Álava and Asturias) and Portugal. Aciturri acquires 75.94% of the shares of Alestis.



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