Safran to acquire Thales aeronautical electrical systems business

September 6, 2022: Safran has entered into negotiations with Thales to acquire its aeronautical electrical systems business. This acquisition will position Safran as a prominent equipment supplier across the entire electrical chain. Thrilled with on-going negotiations, Stéphane Cueille, President of Safran Electrical & Power said: “We are delighted with the prospect of joining forces with the “electrical” teams of Thales, which would enable us to master the electrical chain even better, in particular thanks to the contribution of their skills as a leader in electrical conversion. The complementarity of our know-how would allow us to bring ever more relevant and effective