SFPI/FPIM and Sabena completed the acquisition of a 97% stake in SABCA from Dassault.

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.