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Novae has sold its aerospace manufacturing, repair and engineering business (Novae Aerospace) to ACI, a young industrial company founded by Philippe Riviere and Patrice Rives. The division has two plants in France and Romania, with €14 million in revenue.
“Il vient de céder ses activités de fabrication, réparation et ingénierie aéronautiques à la jeune entreprise industrielle ACI.”capitalfinance.lesechos.fr
Summarized from public sources; check the original articles before acting on it.