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Airbus sells its shares in Alestis Aerospace
Airbus has entered into an agreement to sell its shares in Alestis Aerospace to Aciturri, a company headquartered in Miranda de Ebro, Spain.
With this acquisition, Aciturri will become the majority shareholder of Alestis Aerospace, holding 76% of Alestis’ shares, in collaboration with SEPI which will maintain its participation with 24% of the new shareholding structure.
“Aciturri's acquisition of Airbus' shares in Alestis reinforces the company’s position as a supplier of reference in the aerospace sector and ensures its long-term viability and future,” said Alberto Gutierrez, head of Airbus Spain and head of Military Aircraft at Airbus Defence and Space.
Alestis Aerospace is an aerostructures supplier and a leader in composite technology, whose activities include the design, development, and manufacturing of structural aerospace components. In 2018, its revenues reached €283 million and the company has more than 1,600 employees distributed mainly between Spain and Brazil.
Airbus entered into the shareholding structure of Alestis Aerospace in 2014.
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