TAT Group sold today its majority interest in its subsidiary Sabena technics, one of the European leaders in the field of aircraft maintenance and modification, to the funds Sagard, Bpifrance and TowerBrook.
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The French group Sabena technics, an independent provider of aircraft maintenance and modifications (MRO), announces the acquisition of the assets of the company New EAS – now known as Sabena technics PGF – and thus reinforces its implantation and development on the European continent.
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This 10 000 sqm hangar will be able to accommodate, in maintenance or modifications activities, a long-range wide-body aircraft up to A350-1000/B777-9X or up to three military transport aircrafts such as A400M simultaneously.
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TAT Group entered into exclusive negotiations with the investment companies SAGARD, BPI and Towerbrook in order to sell them its majority interest in its subsidiary Sabena technics, one of the European leaders in the field of aircraft maintenance and modification.
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