SERM (FIVES Group) a manufacturing site dedicated to complex machining is acquired by Sirius Space Services

Inspirit Partners acted as exclusive financial advisor to FIVES Group for the sale of SERM (a historic industrial site of AddUp) to Sirius Space Services

Company
SERM
Transaction
Sector
Activity
Manufacturing site dedicated to complex machining (space, automotive, aeronautics, medical, and defe
Date
Country
France

Founded in 1962, SERM is a recognized player in complex machining for industry. The employees are experts in small and medium-sized production runs, as well as in the post-processing of parts produced using metal additive manufacturing.

Sirius Space Services accelerates its industrialization with this acquisition which includes a strategic partnership with the FIVES group. Sirius will continue to meet the needs of its long-standing customers in the space, automotive, aeronautics, medical, and defense sectors, with references such as SAFRAN, Alpine, Renault F1, Peugeot-Citroën Sport, and Mecachrome.

With SERM, Sirius Space Services is consolidating its capacity to produce in France with a high level of technological excellence. This site firmly anchors Sirius in the reindustrialization of the space sector.