Mecachrome expands its footprint in Tunisia

Mecachrome, probably best known for its work in Formula 1 motorsport, is mainly present in the fields of aeronautics, defence, naval, energy and space.

Over the years, it has become a world leader in high-precision mechanics and specialises in the machining of mechanical parts and assemblies.

It works with the likes of Airbus, Safran, Rolls-Royce, Bombardier, Thales, and Dassault.

Mecachrome chairman, Christian Cornille, said the acquisition of TPM would reinforce the industrial capacity of the group. “We are continuing to consolidate our know-how and our surface treatment capacities. These activities are already present at our sites in France and Morocco,” he added.

TPM is a member of the Tunisian Aeronautical and Space Industries Group (GITAS). It specialises in surface treatment, painting, and non-destructive testing.

“Mecachrome will bring more agility and strengthen our leading position on the Tunisian market,” said Flavien Quesne, chairman and CEO of TPM.

With the support of its shareholders, Tikehau Ace Capital and Bpifrance, Mecachrome recently announced a majority stake in Groupe Rossi Aero, which is involved in the on-demand manufacturing of parts and equipment for original equipment manufacturers (OEMs) and maintenance, repair and overhaul (MRO) operators.

Mecachrome also confirmed a merger with WeAre, a specialist in the manufacture of high-tech mechanical parts and complex sub-assemblies, at the end of August. The deal meant that it had become one of the five largest manufacturers of parts for the aeronautics sector.