TagsSafran

Safran and KLM to launch a joint venture

The joint venture between Safran Aircraft Engines and AFI KLM E&M, announced a year ago, now has an official name: Airfoils Advanced Solutions. Located at the Sars-et-Rosières business park in north of France, near Valenciennes, the new company’s plant will be completed in early 2018, with operations due to kick off late 2018. By the […]

Safran to merge with Zodiac Aerospace in a $10.6B takeover

Safran, an international high-technology group, and Zodiac Aerospacea global leader in Aerosafety, Aircraft systems, Seats and Cabins, announced that they have entered into exclusive negotiations for an acquisition of Zodiac Aerospace by Safran through an agreed public offer of €29.47 per share and a subsequent merger on the basis of 0.485 Safran shares for one […]