Sogeclair Considers Divestiture of Its Engineering Activities Dedicated to Airbus
Sogeclair announced on Monday that it is considering a project to divest its engineering activities dedicated to Airbus, in a context of a consolidating aerospace market. This operation would be part of the group's strategy to strengthen its long-term growth and diversification.
A Divestiture Project in a Consolidating Market
Sogeclair, a French provider of engineering and manufacturing solutions for the aerospace and aeronautics sectors, announced it is considering divesting its engineering activities dedicated to Airbus. The group justifies this operation by the increasing consolidation of the aerospace engineering market. The proposed operation would leverage Sogeclair's historical expertise and align with its strategy to develop high-value engineering solutions throughout the product lifecycle.
Airbus to Remain a Major Client After the Transaction
Should this divestiture be completed, Airbus would remain one of Sogeclair's top five clients, particularly through industrial activities in thermoplastics, including wing access doors. This operation would align with the group's ambition to support long-term growth and sustainable operational excellence, while ensuring the continuity of the concerned activities.
Regulatory Procedures and Staff Consultation
Any transaction project would be subject to regulatory approvals as well as applicable procedures for informing and consulting the representative bodies of the personnel.