Disposal by Fives of its aeronautical automated drilling units activity to the US Andrew Tools Co.



Fives, a French industrial engineering group established in about thirty countries, with revenues of nearly €2 billion, was advised by Aurignac Finance for the sale of the assets of its automated drilling activity dedicated to the aeronautics industry.


This is the second transaction advised by Aurignac Finance in the Aerospace sector in fall 2020. The team's expertise in the A&D sector, combined with the consultation of a large number of potential buyers at the international level (Europe, Asia, North America), have enabled the Fives Group to complete this asset deal despite the health crisis which has had a very negative impact on the entire aerospace supply chain.


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