According to Les Echos, ECA, a subsidiary of Groupe Gorgé, would buy iXblue, a company manufacturing inertial units useful for submarines, for an amount of 430 million euros.
Groupe Gorgé would acquire iXblue | Photo credits: ECA
The listing of Groupe Gorgé was suspended on Friday, a press release to be published in the coming days.
According to our colleague The echoesECA, a subsidiary of Groupe Gorgé, would have prevailed against Thales to get their hands on iXblue, a company manufacturing inertial units useful for submarines.
The operation would be at a high price: 430 million instead of the 300 to 350 million mentioned a few months ago. However, the synergies would be strong between the two companies, which are already collaborating on certain contracts.