France’s Airbus Group on Monday said its Airbus Defence and Space division has agreed to sell its Rostock System Technik (RST) aerospace engineering unit to Germany’s Ferchau Engineering GmbH, which primarily provides engineering services and product manufacturing for Airbus.
Terms of the deal were not disclosed. RST, which is also based in Germany, has 150 employees.
Airbus said it is divesting RST as part of its strategy to shed non-core businesses.
RST’s product portfolio includes aircraft cabin simulators for crew emergency training for airlines, wire harnesses, and ground and test equipment. The company is a Tier One supplier to all Airbus Group division and aerospace customers globally.
“We have conducted an extensive selection process to ensure the best industrial setup for further development of RST’s business,” Thomas Muller, head of the Electronics business line of Airbus Defence and Space, said in a statement. “Ferchau and RST both serve their main customer Airbus with focus on premium engineering services particularly in the cabin and cargo area, which gives their joint activities a strong strategic baseline.”
The deal is subject to final approval of German antitrust regulators.