Latecoere agrees to acquire Bombardier's EWIS business in Querétaro for $50 million

Latecoere entered into a definitive agreement to acquire Bombardier's electrical wiring interconnection system (EWIS) assets in Querétaro, Mexico, for $50 million in cash. The transaction is expected to close in the first half of 2020, and includes a long-term supply agreement.

“Latecoere will acquire Bombardier's electrical wiring interconnection system (EWIS) assets in Querétaro, Mexico.”latecoere.aero

• 3 sources
• latecoere.aeroAcquisition of Bombardier’s EWIS business - LatecoereBertrand LamarqueDec 31, 2019
• globenewswire.comLatécoère Enters into an Agreement to Acquire Bombardier’sBombardier Business AircraftDec 31, 2019
• aviationpros.comLatécoère Enters into an Agreement to Acquire Bombardier’s Electrical Wiring Interconnection System Business in Querétaro | Aviation ProsRelated To: Bombardier AerospaceJan 2, 2020

Summarized from public sources; check the original articles before acting on it.