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INDUSTRIAL | Basic Materials / Metals

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Stage

Acquired - II | Acquired

About Apollo Metals Group

Apollo Metals Group provides high-grade products such as aluminum, stainless steel and non ferrous metals with value-adding processing services predominantly for aerospace manufacturers and their supply chains.

Apollo Metals Group Headquarter Location

United Kingdom

Latest Apollo Metals Group News

Press release - Press releases - ThyssenKrupp AG

Oct 11, 2015

Press release, Nov. 19, 2007 - 14:00 PM (CET) Materials Services ThyssenKrupp Services purchases Apollo Metals Group ThyssenKrupp Services and Apollo to create world’s first truly global aerospace service provider Duesseldorf-based ThyssenKrupp Services AG is expanding its aerospace materials services activities by acquiring a 100-percent stake in the UK-based company Apollo Metals Group, which includes Aviation Metals for an undisclosed fee from Murray International Holdings, UK. Apollo provides high-grade products such as aluminium, stainless steel and non ferrous metals with value-adding processing services predominantly for aerospace manufacturers and their supply chains. The acquisition is subject to the approval of the Supervisory Boards and the Competition Authorities. It is anticipated that the transaction will be completed before the end of this year. The acquisition will combine Apollo’s largely European and Far Eastern businesses with ThyssenKrupp Services’ largely USA based operations to form a global enterprise with 30 locations in 13 countries and a turnover in excess of $700m. Apollo’s CEO Stuart Wilkins is appointed President of the new division, which will be called ThyssenKrupp Aerospace. The new business recognises the increasing international nature of the aerospace supply chain and creates the first global service provider able to offer products and services on a world-wide basis whilst tailoring local processing and delivery services to meet the needs of each customer individually. Says Joachim Limberg, Vice Chairman of the Executive Board member at ThyssenKrupp Services: "The expansion of the aerospace business has a great strategic significance for us. With our supply chain management solutions we already have a strong footing in the aerospace industry. This acquisition secures us a worldwide access to all the well-known aircraft manufacturers and their key suppliers. This is an important and sustained step as an internationally recognized systems supplier to the aerospace industry. " At present, ThyssenKrupp Services is supplying the aerospace industry with subsidiaries in Brazil, France, the UK, Germany, and North America. In 2006 it acquired the aerospace distribution interests of Alcoa which included business in the UK, Europe and the USA. ThyssenKrupp Services within the ThyssenKrupp Group ThyssenKrupp Services AG is one of the five business segments of the ThyssenKrupp Group providing materials and industrial services and raw materials. With over 600 sites in 30 countries, Services is among the world’s leading providers of services for industrial customers, ThyssenKrupp Services employs about 40,000 and accounts for 14 billion Euros of the global group sales. The ThyssenKrupp Group has annual sales of approx. 47 billion Euros and employs 188,000 employees in over 70 countries worldwide. About Apollo Apollo was a public company from 1988 until 2000. It was acquired by the Murray Group in 2004 since when its growth has been dynamic. In the last 3 years it has opened facilities in China and India and expanded its operations in the UK, Australia and continental Europe. It has 451 employees worldwide. Aviation Metals won Airbus supplier of the year awards in 2005 and 2006. About Murray Murray International Holdings is a rapidly-expanding, multi-faceted business employing 4000 people across the world and with interests in metals, property, private equity, outsourced services and football. Apollo Metals was part of its Murray Metals Group (MMG) division, which is one of the world's most successful and fastest-growing independent metal businesses, with a combined turnover currently in excess of £370 million. Contact:

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