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Create connections - Gillis Aerospace and Böllhoff Group

Download: Printable PDF Date: 05 Mar 2020 11:37 (UTC) categories:
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Create connections - Gillis Aerospace and Böllhoff Group - Finance publisher
Tatjana Obrazcova
Country: France Aircraft: Airplanes

Gillis Aerospace has opened its capital to Böllhoff Group. With this cooperation, Böllhoff aims to further expand its presence in the aerospace market sector. “The Böllhoff Group has for nearly 70 years supplied proven products and reliability to fulfil the demands of the aerospace industry. This includes certifications as well as special material and surface coating know-how, along with international access to our customers,” says Managing Director Michael Böllhoff. “We are pleased that with Gillis Aerospace we now have an experienced and established production partner at our side, with whom we can advance our activities in the aerospace market sector.” The cooperation is based on a significant participation of Böllhoff and Gillis Aerospace. A cooperation contract was signed in January 2020 and the transaction was completed in early March.

The cooperation is intended to create synergies, thus offering joint aerospace customers a wider product range and a broad service portfolio. Both companies will contribute their respective strengths to the cooperation. “The Böllhoff Group’s global presence allows us to provide customers all over the world with our special fasteners,” states Serge Dumas, Managing Director of Gillis Aerospace. “In return, we are contributing our comprehensive manufacturing know-how regarding fasteners for the aerospace sector to this cooperation. Thanks to an agile and flexible manufacturing concept, we are able to meet specific customer requirements, even in small and medium size production batches.” Over time, the cooperation between Böllhoff and Gillis Aerospace will be continuously expanded – with the joint development of products.



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