Latécoère has entered into an agreement for the acquisition of Figeac Aero's activities in Mexico

Latécoère, an international "Tier 1" partner of the world's major aircraft manufacturers, announces that it has entered into an agreement with Figeac Aero to acquire its Hermosillo industrial site in Mexico and Boeing 787-related inventory on site at closing.

The acquisition would strengthen the competitiveness of Latécoère's Mexican operations, in order to better serve the North and South American aerostructures market. This acquisition is conditional to finalizing other related additional agreements and closing would be anticipated to occur in the 4th quarter 2022, provided IMMEX clearance is obtained.