# 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.

- Type: Acquisition
- Announced: 2020-03-09
- Where: Querétaro, Mexico, Mexico
- Value: $50.0M
- Jobs: 700
- Status: announced
- Products: Electrical Wiring Interconnection Systems
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

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

## Sources

- [avfoil.com](https://www.avfoil.com/airplanes/bombardier-sells-mexican-wiring-business-to-latecoere-for-50-million/), 2020-03-09: "This acquisition reflects our willingness to emerge as a leading player in the global consolidation movement in the aeronautics sector."

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