Diehl takes over Thales share in Diehl Aircabin

The Diehl Group, Nürnberg, Germany, has acquired Thales’s minority interest (49%) in Diehl Aircabin GmbH, Laupheim, Germany. Thus, Diehl Aircabin is from now on fully owned by Diehl. Diehl Aircabin mainly supplies commercial air transport aircraft manufacturers with cabin interior lining (panels, hatracks…), air conditioning ducts and crew rest compartments. Diehl Aircabin’s operations are to be totally unaffected. Thales had announced its decision to divest its minority interest in Diehl Aircabin at its annual general meeting in May 2012, as part of the ongoing optimisation of its portfolio. This move does not affect Diehl Aerospace and Junghans Microtec, the other joint ventures of Diehl and Thales, and both groups are willing to pursue their long standing and successful cooperation.