Stelia Aerospace acquires majority stake in Portalliance Engineering

French aerostructures manufacturer Stelia Aerospace acquired a majority shareholding in Toulouse-based digital modelling specialist Portalliance Engineering, a company with 27 employees and €2 million revenue in 2017.

“This majority stake acquisition is therefore a logical step and will enable Stelia Aerospace to benefit sustainably from this new technology.”flightglobal.com

• 2 sources
• flightglobal.comStelia takes over digital engineering partner Portalliance – FlightGlobalMichael GubischNov 1, 2018
• airport-technology.comM&As this week: Orix, AVIC Cabin System, GKN Aerospace - Airport TechnologyRaghavi JoshiNov 29, 2018

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