Bossard Group has agreed to acquire the French Aero Negoce International Group (ANI), expanding its presence in the aerospace industry.

Headquartered in Béziers, France, ANI distributes aerospace fasteners and provides logistics services. The company also has locations in the USA and Malaysia.  ANI employs 33 people and expects to generate sales of EUR 25 million (US$27.1 million) this year.

In combination with Boysen (now Bossard Aerospace Germany), acquired in 2019, the deal makes Bossard a significant provider of fasteners and logistics services in the European aerospace industry.

“The intended acquisition of Aero Negoce International SAS is an important step to accelerate our growth strategy in the aerospace industry and strengthens our strategic presence in the Aerospace Valley in France,” stated CEO Daniel Bossard.” In addition, we see great market opportunities in the cooperation with Bossard Aerospace Germany, which will further strengthen our position in the European aerospace industry.”

“The Bossard Group’s backing will provide Aero Negoce International SAS with a great opportunity to continue its growth trajectory while preserving the service-oriented ethos that has defined our family business since its inception,” said Patrick and Nathalie Bianchini, who led the company in the second generation.

The deal is expected to close later this year. Web: bossard.com