C&D Aerospace sold to Zodiac.
French aeronautic equipment and systems supplier Zodiac SA has agreed to acquire C&D Aerospace Group, a US maker of aircraft cabin interior equipment such as seats and storage bins.
Zodiac and C&D Aerospace have cooperated on numerous aircraft programmes and have complementary activities, Zodiac said, adding that C&D will become part of Zodiac's Airline Equipment segment, which makes seats and cabin equipment.
The deal is worth about USD600m, reported Reuters.
((Comments on this story may be sent to email@example.com))
|Printer friendly Cite/link Email Feedback|
|Publication:||Airline Industry Information|
|Article Type:||Brief Article|
|Date:||Apr 6, 2005|
|Previous Article:||Indonesian Garuda crew members questioned over murder.|
|Next Article:||Boeing delivers 70 aircraft in first quarter.|