Article: Germany: Diehl to buy Airbus plant at Laupheim, Germany.

Byline: kusumv03

Diehl Stiftung & Co KG, a family-owned German defence and aerosystems company, said it is acquiring the Airbus plant at Laupheim, Germany. A statement late Friday did not disclose any financial details.

It said the Laupheim site will be integrated into Diehl Aerospace, a joint venture company which is owned 51 percent by Diehl and 49 percent by Thales. Diehl Aerospace in turn is part of the Diehl Groups Aerosystems Corporate Division.

The Diehl statement said transfer of ...

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