Safran completed the acquisition of Orolia from Eurazeo.

Safran, an aeronautical group, completed the acquisition of Orolia Orolia, a resilient positioning, navigation and timing solutions provider, from Eurazeo, an investment company. Financial terms were not disclosed. "I am delighted by this announcement. The acquisition of Orolia will strongly complement our navigation product line and expand its international footprint. Combining Safran and Orolia's capabilities will create a world leader in Resilient Positioning, Navigation and timing systems for all applications. This is fully in line with the strategy outlined at our recent Capital Markets Day to strengthen our position in key technologies for our sovereignty activities," Olivier Andriès, Safran CEO.