CONTENT PREVIEW
Industry

Dassault to sell majority stake in Belgian company SABCA

12 April 2019
Follow

French defence and civil aerospace manufacturer Dassault intends to sell the 96.85% stake it holds in Belgian aircraft maintenance and aerostructure production company Société Anonyme Belge de Constructions Aéronautiques (SABCA).

The news was announced at SABCA’s annual board of directors’ meeting on 10 April.

SABCA CEO Thibauld Jongen said, “The decision made by Dassault Group – which was the majority shareholder for more than 50 years – is part of a more global strategy, specific to the group, which also acknowledges the fact that we have made significant progress in recent years to make SABCA robust, profitable, and competitive again.”

Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options at ihsmarkit.com/janes





(124 of 165 words)
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT