Safran looks to acquire Thales’ aeronautical electrical systems activities and expand role in electrical power generation
International high-technology group Safran Electrical and Power (Safran) has announced its intention to acquire Thales aeronautical electrical systems business which plays a role in power generation and electric motors in the civil and military aeronautics sector. The intended purchase will include Thales Avionics Electrical Systems and Thales Avionics Electrical Motors companies in France, with sites …