The company had already acquired 40% of the shares in Gillis Aerospace in January 2020. It says that the move will expand the product and competence portfolio for customers in the aerospace market segment.
It said that Gillis Aerospace specialises in the production of special fasteners and bolts as well as surface finishing. Due to the high level of automation, Gillis is especially characterised by high product quality and short lead times. Furthermore, Gillis has its own facilities for surface coating and can therefore offer the complete value chain from a single source with its comprehensive coating know-how. In addition to that, surface coating is also offered as a service to the market.
It also said that after the acquisition of SNEP in June 2021, the Böllhoff Group is expanding its product range for customers in the aerospace industry again. “With its comprehensive manufacturing portfolio, material expertise in lightweight materials and development know-how, Böllhoff wants to strengthen its position in the aerospace market as a leading supplier of innovative fastening solutions and support the aerospace industry as a competent partner in achieving weight and CO2 targets,” says Michael W. Böllhoff, managing partner of the Böllhoff Group.