Bombardier sells Mexican wiring facility to Latécoère for $50M

Bombardier Aviation agreed to sell its electrical wiring facility in Querétaro, Mexico, to French aerospace company Latécoère for $50 million. The facility makes Electrical Wiring Interconnection Systems and employs 700 staff who will transfer to Latécoère.

“This acquisition reflects our willingness to emerge as a leading player in the global consolidation movement in the aeronautics sector.”avfoil.com

• 1 source
• avfoil.comBombardier sells mexican wiring business to Latécoère for $50 millionAlud DaviesMar 9, 2020

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