Latecoere Completes the Sale of Its Electrical Wiring and Interconnection Systems Business in Querétaro (Mexico) to Bombardier

Regulatory News:

Following from its press release dated 7 March, 2023 and the fulfilment of all conditions precedent to closing the purchase agreement, Latecoere (Paris:LAT) confirms the completion of the sale of its Electrical Wiring and Interconnection Systems (EWIS) business in Querétaro, Mexico to Bombardier.

About Latecoere

Tier 1 to the world’s leading industry manufacturers (Airbus, BAE Systems, Boeing, Bombardier, Dassault Aviation, Embraer, Lockheed Martin, Raytheon Technologies, Thales), Latecoere serves aerospace with innovative solutions for a sustainable world. The Group operates in all segments of the aerospace industry (commercial, regional, business, defense and space) in two business areas:

• Aerostructures (55% of sales): doors, fuselage, wings and empennage, struts & rods and customer services;
• Interconnection Systems (45% of sales): wiring, avionic racks, onboard equipment, electronic systems and customer services.

As of December 31, 2022, the Group employed 5,918 people in 14 countries. Latecoere is listed on Euronext Paris - Compartment B, ISIN Code: FR0000032278 - Reuters: AEP.PA - Bloomberg: AT.FP

View source version on businesswire.com: https://www.businesswire.com/news/home/20230702778498/en/

at the time of publication of the news with a raise of 0,00 % to 0,190 on Lang & Schwarz stock exchange (03. Juli 2023, 08:00 Uhr).