Latecoere sells MADES and refocuses its investments

On April 4, 2025, Latecoere, a major player in the aerospace industry, announced the sale of its Malaga Aerospace, Defense & Electronics Systems (MADES) subsidiary. This decision is part of the company's strategy to reallocate its resources to its core businesses. The sale will enable Latecoere to better meet the growing needs of its customers as the aerospace industry returns to historical production levels.

CICOR, a specialist in electronics manufacturing services, has acquired MADES, offering new growth opportunities for the company. The transaction is still subject to approval by the Spanish Council of Ministers, expected by the end of 2025. Lincoln International and Baker McKenzie provided Latecoere's financial and legal advisors, respectively, for this transaction.