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News

May 2015: ITC Elastomères combines with APS Coating Solutions

May 2015

ITC Elastomères is now part of the Mecapole (800 employees, M€ 110 revenues, member of the GIFAS, Group of French Aeronautic and Space Industries ) and is combined with APS Coating Solutions.

The new group, made of ITC Elastomères and APS Coating Solutions combines now 170 employees and carries out a turnover of M€ 20 in the sectors of aeronautic, defense, energy, onshore transportation, food industry, chemicals and luxury goods. Founded in 1974, ITC Elastomères is specialized in the study and realization of technical parts made out of rubber. It is one of the rare enterprises to monitor the whole process of rubber from the formula to the completion, from the prototype to medium series.

Paulhan & Associés was assisting ITC Elasotmères‘ shareholders in the negotiation and completion of this transaction.