Aequs has acquired France-based SiRA Group to further extend the reach of its global aerospace ecosystem, the company said.
SiRA Group brings another key element to Aequs´ expanding aerospace manufacturing capabilities as well as regional proximity to its key customers in Europe. The new company will be a part of Aequs Aerospace holdings in France.
SiRA Group, operating across five sites, employs over 300 people and offers highly regarded expertise in the areas of precision machining, assembly, and testing of engine, landing gear, and aircraft actuation components, as well as welding and fabrication of aircraft assemblies. Key customers of the new company include Dassault, Safran (multiple divisions) and United Technologies Aircraft Systems.
In 2015, Aequs became the first Indian aerospace manufacturing company to expand into North America when it acquired Texas-based T & K Machine. Aequs Aero Machine based in Paris, Texas along with the new sites of Aequs Aerospace SAS, firmly anchors Aequs´ global growth in aerospace.
Aequs is among India´s fastest growing precision engineering companies specializing in precision machining, sheet metal fabrication, assembly, forging and special processing for the aerospace, automotive, and oil and gas industries. The company´s customers include global industry leaders such as Airbus, UTAS, Bosch, Eaton, Baker Hughes and Halliburton. Aequs operates several manufacturing facilities in India, US and Europe. The significant facilities are located in the Aequs SEZ, Belagavi, India´s first integrated precision engineering ecosystem.