Baker & McKenzie LLP
07/03/2026 | Press release | Distributed by Public on 07/03/2026 02:08
Baker McKenzie Advises Airbus and Safran on the Sale of Tikehau Capital’s Stake in Aubert & Duval
Baker McKenzie advised Airbus and Safran on the signing of an agreement for the sale of the stake held by Tikehau Capital's aerospace and defense fund in Aubert & Duval to its existing co-shareholders, Airbus and Safran.
The acquisition of Tikehau Capital's stake will be acquired equally by Airbus and Safran. The completion of the transaction remains subject in particular to the required regulatory approvals.
A strategic French industrial player, Aubert & Duval is one of the world leaders in the design, production and processing of complex metallic materials, particularly specialist steels, superalloys, titanium and aluminum for critical sectors such as aerospace, defense, energy and healthcare. The company generates approximately €960 million in revenue and employs nearly 4,400 people across ten industrial sites, eight of which are located in France.
Baker McKenzie advised Airbus and Safran with a team comprising Stéphane Davin (partner), Saveria Laforce (partner), Philippe Frieden and Emmanuel Jeanny (associates) on M&A aspects, as well as Guillaume Le Camus (partner) and Charles Baudoin (partner) on tax matters.
Within the Airbus and Safran legal departments, the transaction was led by Jing Wei-Giraud (Senior Legal Counsel), with support from Loïc Amiand (Vice President - Head of Legal Affairs M&A) for Airbus, and by Nicolas Chéron (Deputy Group General Counsel), Abla Chérif (Head of Legal Affairs M&A - Corporate Venture Capital) and Paul-Louis Guilermin (Corporate / M&A Legal Counsel) for Safran.
The acquisition of Tikehau Capital's stake will be acquired equally by Airbus and Safran. The completion of the transaction remains subject in particular to the required regulatory approvals.
A strategic French industrial player, Aubert & Duval is one of the world leaders in the design, production and processing of complex metallic materials, particularly specialist steels, superalloys, titanium and aluminum for critical sectors such as aerospace, defense, energy and healthcare. The company generates approximately €960 million in revenue and employs nearly 4,400 people across ten industrial sites, eight of which are located in France.
Baker McKenzie advised Airbus and Safran with a team comprising Stéphane Davin (partner), Saveria Laforce (partner), Philippe Frieden and Emmanuel Jeanny (associates) on M&A aspects, as well as Guillaume Le Camus (partner) and Charles Baudoin (partner) on tax matters.
Within the Airbus and Safran legal departments, the transaction was led by Jing Wei-Giraud (Senior Legal Counsel), with support from Loïc Amiand (Vice President - Head of Legal Affairs M&A) for Airbus, and by Nicolas Chéron (Deputy Group General Counsel), Abla Chérif (Head of Legal Affairs M&A - Corporate Venture Capital) and Paul-Louis Guilermin (Corporate / M&A Legal Counsel) for Safran.
Baker & McKenzie LLP published this content on July 03, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 03, 2026 at 08:08 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]