In the middle of the Paris Air Show, Basque aviation subcontractor Lauak announced that it had sold 51% of its capital to Wipro India. A year earlier, AD Industries was taken over by Indian group Motherson. Meanwhile, Lot-based Figeac Aero group negotiated for months with India’s Mahindra but the two companies did not reach an agreement.
The arrival of foreign investors occurs in a certain context. “Increasing working capital requirements to increase production rates, intra-family succession problems or the desire to consolidate add to financial constraints that cause companies or shareholders to request external funding”said Raphaël Petit, Managing Partner of Oaklins France during the Aeroforum organized on November 13 by Tribune from Toulouse-Blagnac airport.
