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Article: Germany: Airbus to sell Laupheim plant.
- Article from:
- TendersInfo
- Article date:
- June 3, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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 ...