Aerolia signs supply deal with ThyssenKrupp

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French manufacturer Aerolia has signed a five-year materials supply deal with ThyssenKrupp Aerospace.

As part of the agreement, ThyssenKrupp will invest in a new facility at Albert-Picardie in northern France.

ThyssenKrupp will manage the storage, processing and supply of up to 10,000t of aluminium a year on behalf of Aerolia, which Aerolia says will free it up to invest in composites and other technologies.

"This agreement is a major step forward. It will enable us to focus on our core business and assist the implementation of our strategy of becoming an independent business," says Aerolia vice-president of procurement Raphael Duflos.

Aerolia is a subsidiary of EADS.