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8487 ELTA Technology Co News Story

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Brief: AREVA sells ELTA business to ECA Group

Dec 1 (Reuters) - ECA  ECASA.PA /AREVA  AREVA.PA : 
     
    * ECA Group, subsidiary of Groupe Gorgé  GOEG.PA , 
strengthens its Aerospace division with the acquisition of ELTA  
    * ELTA, a company based in Toulouse, has been specialized in 
the development, marketing and in-service support of electronic 
equipment and systems for severe environments for the 
aeronautical and space industry since 1975. 
    * AREVA says sale of ELTA to ECA forms part of its strategic 
plan for AREVA to refocus its activities on the nuclear sector 
 
Source text for Eikon:  ID:  
Further company coverage:  ECASA.PA  
 
 ((sudip.kargupta@thomsonreuters.com;))

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