Latest Rafaut News
Dec 3, 2019
Ben Vogel, London - Jane's Defence Industry 03 December 2019 Saudi International Petrochemical Company (Sipchem) affiliate Wahaj confirmed on 3 December that it is working with French aircraft equipment company Rafaut to establish local production facilities in Saudi Arabia, with knowledge and technology transfer. A co-operation agreement was signed during the Dubai Airshow on 17–21 November. Wahaj General Manager Ayman Al-Hazmi said the localisation deal reflects its development strategy to become a “global supplier of aviation components”. Wahaj specialises in precision metal manufacturing and fabrication, surface treatments, model building and prototyping, and manufacture of complex parts and assemblies. Rafaut designs and develops auxiliary equipment and non-structural components for military aircraft. Want to read more? For analysis on this article and access to Jane’s unrivalled data and insight, learn more about our subscription options at janes.com/products To read the full article, Client Login (125 of 298 words)
Rafaut Acquisitions
1 Acquisition
Rafaut acquired 1 company. Their latest acquisition was Aerospace Distribution Services on January 11, 2019.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
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1/11/2019 | Acquired | 2 |
Date | 1/11/2019 |
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Note | Acquired |
Sources | 2 |
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