ThyssenKrupp lands last of Atlas Elektronik from Airbus
January 13, 2017
Aerospace and Defense | Bremen, Germany | Secondary Transaction
Already a majority backer of the maritime and naval tech company, ThyssenKrupp (FRA: TKA) has agreed to acquire the remaining 49% stake it doesn't already own in Atlas Elektronik from Airbus (EPA: AIR). BAE Systems sold Atlas Elektronik for €145 million in cash to ThyssenKrupp and Airbus in a deal that closed in 2006.