Osborne Clarke has advised Safran (and in particular its subsidiary Safran Electrical & Power), an international high-technology group operating in the fields of propulsion and aeronautical equipment, space and defence, on the acquisition of the "ELS" aeronautical electrical systems business from Thales, comprising two French entities and assets in the United States and Singapore.
Actor of the electrical conversion, this business is also active in power generation and electric motors for the civil and military aeronautics sector.
The Osborne Clarke team:
Osborne Clarke Queen Street in Singapore, Osborne Clarke UK and CSG Law and Wiggin and Dana in the United States were also involved in this transaction.
BDGS also advised Safran on antitrust aspects with Maria Trabucchi and Samuel Ego, while Capstan advised on HR aspects with Agathe Denis.
Thales was advised by Allen & Overy with a team led by Marc Castagnède (partner, Corporate / M&A) with Flora Leon-Servière (counsel) and Astrid Achard-Hoffman (associate).
Have also been involved Romy Richter and Frédéric Moreau (partners) on corporate aspects, Claire Toumieux (partner) on HR aspects, Luc Lamblin (counsel) on foreign investment control aspects, and Florence Ninane (partner), Clémence d'Almeida (senior associate) and Noémie Bomble (associate) on antitrust aspects, Guillaume Valois (partner) on tax aspects, and Laurie-Anne Ancenys (counsel) and Juliette Mazilier (associate) on IT aspects.
Allen & Overy's offices in Luxembourg, Singapore and United States were also involved.