The shareholders of S.R.I.F. NV, the parent company of the Asco Group, have reached an agreement with the (listed) Montana Aerospace group regarding the sale of the Asco Group. Asco is a privately held Belgian group with 1,200 employees worldwide and a leading supplier of high lift devices, major structural components and mechanical assemblies for commercial and military aircraft.
The closing of the transaction is subject to regulatory approvals.
The shareholders of S.R.I.F. NV were assisted by Eubelius. The team members involved in this transaction were Matthias Wauters, Jan Bocken, Christophe De Backere, Anouk Kerkhofs and Odile Watté.