€1.88 0.0 0.0%
Last Trade - 8:47am
Market Cap | £155.0m |
Enterprise Value | £283.1m |
Revenue | £358.6m |
Position in Universe | 462nd / 847 |
Feb 16 (Reuters) - LATECOERE SA LAEP.PA : * COMPLETES THE ACQUISITION OF BOMBARDIER'S ELECTRICAL WIRING AND INTERCONNECTION SYSTEMS BUSINESS IN QUERÉTARO (MEXICO) * IS ACQUIRING QUERÉTARO SITE ON BASIS OF AN ENTERPRISE VALUE OF US$45 MILLION, AND WILL BENEFIT FROM ADDED VALUE AND SIGNIFICANT EXPERIENCE OF QUERÉTARO EWIS TEAM * THIS ACQUISITION ALSO ENABLES LATÉCOÈRE TO EXPAND ITS CUSTOMER PORTFOLIO AND STRENGTHEN ITS ORDER BOOK BY SERVING CUSTOMERS FROM THIS SITE * TWO COMPANIES HAVE ALSO ENTERED INTO A LONG-TERM SUPPLY AGREEMENT UNDER WHICH LATÉCOÈRE WILL CONTINUE TO PROVIDE BOMBARDIER WITH EWIS SYSTEMS FROM THIS SITE FOR ALL BOMBARDIER PLATFORMS INCLUDING ITS GLOBAL AND CHALLENGER AIRCRAFT Source text for Eikon: ID:nBw1JY0yRa Further company coverage: LAEP.PA (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))