We have advised TSF - Precision Metalworking (TSF), a Portuguese company specialising in precision metalworking, on its sale to AMMG – Advanced Manufacturing Machining Group (AMMG), a French organisation dedicated to machining large-scale mechanical parts.
Founded in 1995, in the north of Portugal, TSF specialises in high-precision CNC machining, technical welded construction, and equipment assembly. With a strong focus on international markets, the company operates in high-precision, demanding sectors such as aeronautical, pharmaceutical, and nuclear.
AMMG is the holding company of Duchêne Industries, a French business with over 55 years of experience providing precision metalworking services for sectors such as railways, construction, and nuclear. In 2021, the management team completed an MBO with the goal of further developing the company and growing internationally.
The combination of both companies will allow the group to further increase its international footprint, as well as its production capacity and client base.
