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Diehl takes over Thales share in Diehl Aircabin


PR Newswire/Les Echos/

Diehl takes over Thales share in Diehl Aircabin

Neuilly-sur-Seine, 21 December 2012 - The Diehl Group, Nürnberg, Germany, has acquired Thales's minority interest (49%) in Diehl Aircabin GmbH, Laupheim, Germany. Thus, Diehl Aircabin is from now on fully owned by Diehl.

Diehl Aircabin mainly supplies commercial air transport aircraft manufacturers with cabin interior lining (panels, hatracks...), air conditioning ducts and crew rest compartments. Diehl Aircabin's operations are to be totally unaffected.

Thales had announced its decision to divest its minority interest in Diehl Aircabin at its annual general meeting in May 2012, as part of the ongoing optimisation of its portfolio.

This move does not affect Diehl Aerospace and Junghans Microtec, the other joint ventures of Diehl and Thales, and both groups are willing to pursue their long standing and successful cooperation.

About Thales

Thales is a global technology leader for the Defence & Security and the Aerospace & Transportation markets. In 2011, the company generated revenues of EUR13 billion with 67,000 employees in 56 countries. With its 22,500 engineers and researchers, Thales has a unique capability to design, develop and deploy equipment, systems and services that meet the most complex security requirements. Thales has an exceptional international footprint, with operations around the world working with customers as local partners. www.thalesgroup.com

Follow us on Twitter: @ThalesPress

Press contact:

Thales - Media Relations Alexandre Perra Tel : +33 6 71 28 52 15 alexandre.perra@thalesgroup.com

Investors:

Thales - Investor Relations Jean-Claude Climeau Tel : +33 1 57 77 89 02 ir@thalesgroup.com


         45, rue de Villiers - 92526 Neuilly-sur-Seine Cedex - France - 
             Tel: +33 (0)1 57 77 86 26 - Fax: +33 (0)1 57 77 87 44 
                                www.thalesgroup.com

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-0- Dec/24/2012 11:39 GMT

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