Announced
Completed
Financials
Sources
Tags
Cross Border
aerospace equipment
Majority
Acquisition
Belgium
Friendly
Aerospace
Completed
Private
Private Equity
Synopsis
SFPI/FPIM, a sovereign wealth fund, and Sabena, an independent Belgian MRO provider, completed the acquisition of a 97% stake in SABCA, a provider of commercial aerospace equipment, from Dassault, a French aerospace company. Financial terms were not disclosed. “Belgium has been a pioneer in aerospace and aviation, and we are therefore very proud to acquire SABCA and anchor it in Belgium, thus safeguarding and further strengthening the local aerospace ecosystem and employment,” Koen Van Loo, SFPI/FPIM CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.