Zodiac Aerospace completes acquisition of Contour Aerospace

Zodiac Aerospace has completed the acquisition of Contour Aerospace from PAIG Investments Limited, an investment vehicle controlled by the RBS Special Opportunities Fund. With facilities in Cwmbran and Camberley in the UK, Contour Aerospace employs around 1,300 people and reported revenue of approximately £130m in 2010. This acquisition will enable Zodiac Aerospace to strengthen its seats product range, in particular in the business class and first class seating segments. The consolidation of Contour Aerospace is expected to have an accretive impact on Zodiac Aerospace net result for the FY2011/2012.