French conglomerate Daher completed its acquisition of a 70 percent stake of general aviation plane-maker Socata. Daher said the integration of Socata would make it a “fully-fledged aerospace manufacturer as well as a tier one equipment manufacturer” that employs 7,500 workers and has a turnover of nearly 1 billion euros. Daher is an integrated equipment service supplier involved in the aerospace, nuclear, defense and automotive industries. Daher and Socata already had been collaborating ...


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