# 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.

- Type: Acquisition
- Announced: 2018-11-01
- Where: Toulouse, France
- Status: announced
- Products: digital modelling tools for aircraft components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [STELIA Aerospace](https://endata.com/companies/29546.md) (acquirer)
- [Portalliance Engineering](https://endata.com/companies/35250.md) (target)

## Sources

- [flightglobal.com](https://www.flightglobal.com/airframers/2018/11/stelia-takes-over-digital-engineering-partner-portalliance/), 2018-11-01: "This majority stake acquisition is therefore a logical step and will enable Stelia Aerospace to benefit sustainably from this new technology."
- [airport-technology.com](https://www.airport-technology.com/news/mas-this-week-orix-avic-cabin-system-gkn-aerospace/), 2018-11-29: "Portalliance Engineering has been acquired by STELIA Aerospace, a manufacturer of aerostructures and aircraft seating."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.