Airbus instructs Clifford Chance on the sale of Alestis

Clifford Chance advised Airbus on the sale of Alestis Aerospace to Aciturri

With this acquisition, Aciturri will become the majority shareholder of Alestis, with 76% of the shares, in collaboration with SEPI that will maintain its participation with 24% of the new shareholder structure.

Alestis Aerospace is a Spanish supplier for the aeronautical sector which was acquired by Airbus in 2016 to rescue it from insolvency proceedings. Its activities include the design, development and manufacture of aeronautical components.

The value of the operation has not been disclosed.

The team from Clifford Chance was led by partner Luis Alonso (pictured) and included Jorge Martín.