France Air Group proposes acquisition of SIG Air Handling for €222.7 million

France Air Group announced it is entering the final stage of an agreement to acquire SIG Air Handling, a division of SIG plc, for €222.7 million. The transaction is subject to regulatory approval and expected to close in Q1 2020.

“The France Air group is delighted to announce that it is entering the final stage of an agreement for the acquisition of SIG Air Handling.”airvancegroup.com

• 2 sources
• airvancegroup.comThe France Air Group announces its proposal for acquisition of SIG Air Handling - AirvanceJan 24, 2020
• france-air.comFrance Air Groupe et SIG Air Handling | France airFeb 3, 2020

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