# Dassault to sell SABCA stake to Sabena and SFPI/FPIM joint venture

Dassault Belgique Aviation has agreed to sell its 96.85% stake in SABCA to a new joint venture company to be established by Sabena Aerospace and SFPI/FPIM for EUR 74.57 million. The transaction is subject to merger control approval and expected to close at the end of Q2 2020.

- Type: Acquisition
- Announced: 2020-02-05
- Where: Haren, Belgium, Belgium
- Value: $82.0M (74.6M EUR)
- Status: announced
- Products: aerospace structures and components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Dassault Belgique Aviation](https://endata.com/companies/45088.md)
- [SABCA](https://endata.com/companies/27912.md) (target)
- [Dassault Belgique Aviation](https://endata.com/companies/45088.md) (partner)
- [Sabena Aerospace](https://endata.com/companies/45089.md) (acquirer)
- [Société Fédérale de Participations et Investissements](https://endata.com/companies/45090.md) (acquirer)
- [Federal Participation and Investment Company (SPFI)](https://endata.com/companies/45094.md) (acquirer)
- [Dassault](https://endata.com/companies/45095.md) (partner)
- [Société Fédérale de Participations et Investissements (SFPI/FPIM)](https://endata.com/companies/45096.md) (acquirer)
- [SFPI/FPIM](https://endata.com/companies/45118.md) (acquirer)

## Sources

- [brusselstimes.com](https://www.brusselstimes.com/93930/federal-government-in-partnership-to-take-over-aero-parts-manufacturer-sabca-dassault-sabena-aerospace-joint-venture), 2020-02-07: "We are very happy with the new shareholders, who are genuinely interested in supporting the growth and development potential of SABCA as a major actor in the Belgian aerospace industry."
- [aviator.aero](https://aviator.aero/press/dassault-to-sell-its-participation-in-sabca), 2020-02-07: "We are very happy with the new shareholders, who are genuinely interested in supporting the growth and development potential of SABCA as a major actor in the Belgian aerospace industry."
- [newsroom.aviator.aero](https://newsroom.aviator.aero/dassault-to-sell-its-participation-in-sabca/), 2020-02-07: "Dassault Belgique Aviation SA has reached an agreement pursuant to which it will sell its entire 96.85% shareholding in SABCA to a new joint venture company to be established by Sabena Aerospace SA and SFPI/FPIM."
- [aviation24.be](https://www.aviation24.be/oem/sabca/dassault-sells-its-96-85-shareholding-in-sabca-to-sabena-aerospace-and-sfpi-fpim/), 2020-02-07: "Dassault sells its 96.85% shareholding in SABCA to Sabena Aerospace and SFPI/FPIM"

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