# Latécoère makes non-binding offer for Bombardier's wiring business

French group Latécoère announced a non-binding offer to acquire Bombardier's electrical wiring interconnection system business, which generates about $60 million in annual revenue. Exclusive negotiations are ongoing, but no certainty of a deal.

- Type: Acquisition
- Announced: 2019-11-11
- Where: Querétaro, Mexico, Mexico
- Jobs: 750
- Status: announced
- Products: electrical wiring interconnection systems
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Bombardier](https://endata.com/companies/2513.md) (target)
- [Latecoere](https://endata.com/companies/17396.md) (acquirer)
- [Bombardier Aviation](https://endata.com/companies/40898.md) (target)

## Sources

- [lesaffaires.com](https://www.lesaffaires.com/secteurs/aeronautique-et-transport/un-groupe-francais-interesse-par-des-activites-de-bombardier-2/), 2019-11-11: "Il n'existe aucune certitude qu'une telle (transaction) puisse effectivement aboutir"
- [lesechos.fr](https://www.lesechos.fr/pme-regions/nouvelle-aquitaine/latecoere-sapprete-a-racheter-le-cablage-de-bombardier-1151269), 2019-11-27: "Cette acquisition nous permettrait de gagner des marchés et de nouveaux clients en Amérique du Nord."

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