Fairey sells defence division

Tuesday 27 January 1998 00:02 GMT
Comments

Fairey sells defence division

Fairey, the electronics group, yesterday sold its aerospace and defence division to a management team backed by venture capital group Candover for pounds 55m in cash. The unit supplies hydraulic systems and landing gear to the defence industry.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in