Snecma To Acquire Turbomeca
In a surprise initiative, Snecma will acquire the Labinal group for an estimated 1.1 billion euros ($996 million), obtaining control of turboshaft engine manufacturer Turbomeca. It will resell Labinal's automotive business to Valeo. The complex twofold acquisition agreement is tentatively scheduled...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
