Zodiac Aerospace to acquire Northwest Aerospace Technologies
Plaisir, December 10, 2012- Zodiac Aerospace has entered into a definitive agreement with the shareholders of Northwest Aerospace Technologies (NAT) to acquire the company.
NAT, headquartered in Everett, near Seattle, provides engineering services and cabin retrofit program management services to airlines. NAT has about 160 employees, of which 100 engineers.
The acquisition of NAT, which remains subject to the approval of the relevant authorities, will allow Zodiac Aerospace to strengthen its presence in the cabin retrofit market.
About Zodiac Aerospace
Zodiac Aerospace is a world leader in aerospace equipment and systems for commercial, regional, and business aircraft, as well as for helicopters and spatial. Zodiac Aerospace has 26,000 employees worldwide, and generated revenues of €3.4 billion in 2011/2012 through its five business segments: Zodiac Cabin & Structures, Zodiac Galleys & Equipment, Zodiac Seats, Zodiac Aerosafety et Zodiac Aircraft Systems. www.zodiacaerospace.com
