SPS Acquires Airbus Supplier Dacar of France
February 16
00:00
2001
John Wolz
SPS Technologies Inc. acquired certain operating assets of Dacar S.A. of Auxerre, France, a supplier to Airbus.\
Dacar manufactures precision machined components and structural assemblies.
Dacar sales for the year ended June 30, 2000, were approximately $14.0 million.
Jenkintown, PA-based SPS will integrate Dacar into its aerostructures business. The acquisition of DACAR provides SPS an aerospace manufacturing presence in Continental Europe and expands SPS’ position on Airbus programs. Web: spstech.com
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