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DutchAero: Avio acquired a 80% stake of Philips Aerospace

Amsterdam, Holland - The Dutch company can boast collaboration with firms such as Boeing and Lockheed Martin

DutchAero: the well known Italian company Avio, competent for the aerospace powerplant systems field, founded recently a new firm stemming from the acquisition of a 80% stake of the Dutch group Philips Aerospace. Avio will own the largest part of an enterprise endowed with about 100 employees and specialized in the production of structural and mechanical components exclusively devoted to the aerospace...

AVIONEWS - World Aeronautical Press Agency - 121770

AVIONEWS - World Aeronautical Press Agency
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