(CercleFinance.com) – Figeac Aéro announces that it has finalized the disposal and acquisition operations relating to the redeployment of its production in Mexico, a redeployment which should contribute to the achievement by the aeronautical equipment manufacturer of the objectives for its 2024-25 financial year.
This summer, it thus completed the acquisition of the industrial assets of Kaman Aerospace Group located in the State of Chihuahua, an acquisition which is accompanied by a service contract for a transition period of six months and a subcontract -contracting with Kaman.
Gradually, this new site will replace that of Hermosillo, whose sale to Latécoère has also been finalized, and will notably enable Figeac to double its manufacturing capacity in complex sheet metal work in North America in line with its ambitions in the region.
In accordance with the terms of the agreement on the adjustment of the financial structure, Jean-Claude Maillard will proceed in the coming days to the sale of 892,857 existing shares of the company to Ace Aéro Partenaires at a price of 5.60 euros per share.