| |
PRZOOM - /newswire/ -
Paris, Île-de-France, France, 2025/12/10 - Safran announces that it has entered into a definitive agreement with Kingswood Capital Management (“Kingswood”) for the sale of Safran Passenger Innovations (“SPI”), Safran’s in-flight entertainment and connectivity solutions division - Safran-Group.com. PAR: SAF | SAFRAN
|
| |
|
| |
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing / Robotics Announcements
Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!
|
| |
SPI is one of the world leaders in its sector. The company generates approximately USD 460 million in revenue and employs around 740 people across three sites two in the United States and one in Germany.
Kingswood (kingswood-capital.com) will leverage its capital base, operational network, and expertise to grow the business and help it develop new connected in-flight entertainment solutions, which have become a key element of passenger experience as the aviation industry continues to expand.
The transaction is subject to obtaining the applicable regulatory approvals and the customary conditions for this type of transaction. Completion of the transaction is expected by the end of the first quarter of 2026.
Contact Us
Press relations: Isabelle Javary
P: +33(0)7 86 10 59 16 / +33(0)1 40 60 82 20
E: isabelle.javary[.]safrangroup.com.
Investor Relations
Armelle Gary; P: +33(0)1 40 60 82 46 - E: armelle.gary[.]safrangroup.com.
Baptiste Delpierre; P: +33(0)1 40 60 27 26 - E: baptiste.delpierre[.]safrangroup.com.
Marine Guerret; P: +33(0)1 40 60 82 19 - E: marine.guerret[.]safrangroup.com.
Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 100,000 employees and sales of 27.3 billion euros in 2024, and holds, alone or in partnership, world or regional leadership positions in its core markets. Safran undertakes research and development programs to maintain the environmental priorities of its R&T and Innovation roadmap.
|
| |
 |
| |
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing / Robotics Announcements
Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!
|
| |
Agency / Source: Safran Group
|
| |
 |
| |
Availability: All Regions (Including Int'l)
|
| |
Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker
|
| |
Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]
|
| |
 |
| |
# # #
|
| |
|
| |
 |
| |
Your Banner Ad showing on ALL Manufacturing / Robotics articles, CATCH Visitors via Your Competitors Announcements!
 Company website links NOT available to basic submissions |
|
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source. |
| |
 |
| |
For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Safran Passenger Inno.
| Kingswood |
Contact: Catherine Malek - SafranGroup.com
+33(0)1 40 60 80 28 catherine.malek[.]safrangroup.com
|