Sagard, Bpifrance and TowerBrook acquired Sabena Technics.

Sagard, Bpifrance and TowerBrook acquired Sabena Technics, a provider of maintenance, repair and overhaul services for both the military and civil aerospace sector, from TAT Group. Financial terms were not disclosed. With the support of its new shareholders, each contributing a specific expertise that is useful for the Group’s future growth, Sabena technics will be able to pursue the ambitious development policy, successfully initiated by TAT Group which has recently translated into the creation of the Toulouse painting facility for Airbus aircraft as well as the opening of the ATR and Airbus aircraft component repair facility, in partnership with Air France.