Latecoere completes sale of MADES to Cicor Group

Latecoere Announces Completion of MADES Sale to Cicor Group TOULOUSE, France—(Business Wire)—In line with its strategic restructuring, Latecoere (PARIS:LAT) has officially finalized the sale of its MADES division to the Cicor Group, following the fulfillment of all contractual conditions outlined in the agreement. This divestment allows Latecoere to concentrate on its core aerospace components and interconnection systems, aligning with industry recovery trends and increasing demand for aircraft production. About Latecoere Serving major aerospace OEMs such as Airbus, Boeing, Lockheed Martin, and others, Latecoere provides innovative solutions across various segments of the aerospace sector, including commercial, regional, business, defense, and space. The company's expertise spans aerostructures—comprising doors, fuselage, wings, and empennage—interconnection systems like wiring and avionics, as well as specialized products and services, including onboard electronics and maintenance support. As of the end of 2024, the firm employed approximately 5,400 personnel across 14 countries. Listed on Euronext Paris (ISIN: FR001400JY13), Latecoere continues to focus on sustainable aerospac...