Daher to acquire a majority interest within EADS Socata

EADS and Daher has announced on July 04, 2008 the opening of exclusive negotiations for the acquisition of a majority interest by Daher in EADS Socata.

Bringing together Daher and EADS Socata would allow the creation of a major actor in the area of aerostructures and business aviation and develop joint projects in these two areas, in particular with regards to the A350 for which EADS Socata Daher would be a tier one partner.

About EADS
EADS is a global leader in aerospace, defence and related services. In 2007, EADS generated revenues of € 39.1 billion and employed a workforce of about 116,000. The Group includes the aircraft manufacturer Airbus, the world's largest helicopter supplier Eurocopter and EADS Astrium, the European leader in space programmes from Ariane to Galileo. Its Defence & Security Division is a provider of comprehensive systems solutions and makes EADS the major partner in the Eurofighter consortium as well as a stakeholder in the missile systems provider MBDA. EADS also develops the A400M through its Military Transport Aircraft Division.

Source : EADS

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Daher to acquire a majority interest within EADS Socata

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