Article: Germany: Airbus to sell Laupheim plant.

Byline: pinto03

Airbus SAS, the world s biggest planemaker, has chosen German company Diehl Stiftung & Co KG and France s Thales SA as exclusive bidders to jointly buy a plant in Laupheim, Germany, that makes cabin interiors.

Teams on both sides will now begin negotiations on remaining details and pursue due diligence to achieve a final agreement as soon as possible, Airbus and parent European Aeronautic, Defence & Space Co said on Saturday in an e-mailed statement. No purchase price was disclosed.

Thales and Diehl already have a joint venture, Diehl Aerospace, that supplies aviation systems. That venture is 51 per cent held by Diehl and 49 ...

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