Log in to use our free company, program and sector update tracker feature.
 

Front page

Airbus sells its shares in Alestis Aerospace

Airbus has entered into an agreement to sell its shares in Alestis Aerospace to Aciturri, a company headquartered in Miranda de Ebro, Spain.

With this acquisition, Aciturri will become the majority shareholder of Alestis Aerospace, holding 76% of Alestis' shares, in collaboration with SEPI which will maintain its participation with 24% of the new shareholding structure.

"Aciturri's acquisition of Airbus' shares in Alestis reinforces the company's position as a supplier of reference in the aerospace sector and ensures its long-term viability and future," said Alberto Gutierrez, Head of Airbus Spain and Head of Military Aircraft at Airbus Defenceand Space.

Alestis Aerospace is an aerostructures supplier and a leader in composite technology, whose activities include the design, development, and manufacturing of structural aerospace components. In 2018, its revenues reached € 283 million and the company has more than 1,600 employees distributed mainly between Spain and Brazil.

Airbus entered into the shareholding structure of Alestis Aerospace in 2014.

The closing of the transaction is subject to certain conditions' precedent that should be completed in the short term.

Press release issued by Airbus S.A.S. on April 1, 2019

 

 Contact details from our directory:
Airbus S.A.S. Airframer
Alestis Aerospace SL Fairings, Empennages
Grupo Aciturri Empennages

Enhanced listings:


Ascent Aerospace
Ascent Aerospace is the leading provider of aerospace tooling systems, assembly automation and factory integration.

Peli Hardigg UK
Peli-Hardigg is the world’s largest manufacturer of aerospace approved reusable plastic shipping and storage containers, built to last a lifetime.

FGL Precision Ltd
FGL Precision manufactures fine quality components for the aerospace and defence markets where consistent performance is critical.

Victrex Plc
New VICTREX® AE250 composites and hybrid molding technology are changing the equation in Aerospace composites – find out more!

Dymax Corporation
A leading manufacturer of advanced light-curable adhesives, maskants, coatings, oligomers, light-curing equipment, and fluid dispense systems.

See our advertising tariff.

 

X
Monthly page limit exceeded. Please buy a subscription.

© Airframer Limited, operated under licence by Stansted News Limited 2019. Terms & Conditions of reading. Privacy policy