Liebherr-International AG

03/28/2024 | Press release | Distributed by Public on 03/28/2024 09:27

Liebherr-Aerospace enhances industrial competencies by the acquisition of GIT Galvanoplastie Industrielle Toulousaine

On March 15, 2024, Liebherr-Aerospace Toulouse SAS, Liebherr's center of excellence for environmental control and thermal management systems, has bought the company GIT Galvanoplastie Industrielle Toulousaine SAS.

Based in Cugnaux, in the vicinity of Toulouse (France), the company specializes in surface treatment and the application of liquid paint on various materials for the aerospace industry. In 2023, GIT SAS achieved a turnover of 8 million € and employed more than 80 people.

"With the acquisition of GIT Galvanoplastie Industrielle Toulousaine SAS, we are adding a key skill, surface treatment, to our portfolio of industrial competencies by drawing on the expertise of GITs, i.e. soon the employees of Liebherr-Aerospace Coatings SAS. We are adding both an industrial capacity and new cutting-edge processes that will enable us to support our growth and that of our customers. This acquisition comes less than three months after the one of SIBI SAS in Montauban, a subsidiary of the KEP Technologies Group, and the creation of our subsidiary Liebherr-Aerospace Montauban SAS. These two acquisitions testify to our ambition and long-term vision to meet the growing needs of the aerospace sector, and to consolidate our presence in the Occitanie region", explained François Lehmann, Chief Financial Officer of Liebherr-Aerospace & Transportation SAS and Managing Director of Liebherr-Aerospace Toulouse SAS.

GIT, a 100%-owned subsidiary of Liebherr-Aerospace Toulouse SAS, soon will be known as Liebherr-Aerospace Coatings SAS. The management is entrusted to Guillaume Deltombe, former production manager at Liebherr-Aerospace Toulouse SAS.