Sogeclair purchases majority shareholding of MSB Group

Sogeclair, the French based aerospace engineering and contracting company, has purchased 80% of Montreal, Canada-based precision engineering company MSB Group, for an undisclosed amount. The management of the MSB Group, which consists of the engineering division MSB Design and the contract engineering company MSB Ressources Globales, made the decision to join Sogeclair following discussions with a number of potential purchasers. Under the terms of the new agreement the MSB Group, will form the second largest division of the Sogeclair company portfolio. Mario Sévigny Co-Founder of MSB, and Phillipe Robardey, CEO of Sogeclair signed the deal on 14 November 2014 in