Denel and Turbomeca. (News).
Denel and Turbomeca have signed an agreement finalising the
creation of the new company, Turbomeca Africa, which will manufacture
certain components for and provide maintenance of helicopter engines and
industrial turbines. This agreement gives Turbomeca's French
parent, SNECMA, a 51 per cent majority share of the company, with Denel
retaining the remaining 49 per cent. Turbomeca Africa will manufacture
certain engine components for Turbomeca, General Electric, Rolls-Royce
and Volvo.
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