Bombardier: buys Latecoere's EWIS assets

(CercleFinance.com) - The French aircraft building company Latecoere announces that it has signed an agreement whereby Bombardier will acquire Latecoere's EWIS assets in Querétaro, Mexico.


Bombardier will remain a full customer of the Latecoere Group in North America and Latecoere will continue to develop its own cabling business from Hermosillo, Mexico.

The transaction is expected to close in Q2 2023.

Latecoere also indicates that it is in discussions with its stakeholders, including its lenders, to adjust its capital structure with respect to the loans and PGEs (Government Guaranteed Loans).


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