Safran is a privately owned company headquartered in France, founded in 2005, and employing approximately 62,080 individuals. The company operates as an international group specializing in aviation, defense, and space markets, with core activities encompassing propulsion, equipment, and interiors. Safran focuses on component manufacturing for these sectors, maintaining a global presence.
On June 26, 2026, Safran confirmed market rumors regarding its engagement in exclusive negotiations for the potential acquisition of Exail Technologies. Exail Technologies had also confirmed its entry into negotiations with Safran the same day. Earlier on June 26, Safran detailed its entry into these exclusive negotiations, valuing the proposed transaction at 128.50 euros per share. The acquisition would involve Safran obtaining the controlling stake currently held by the Gorgé family, to be followed by a mandatory public offer. Also on June 26, Safran continued to compete with British aerospace firm Rolls-Royce for a critical defense partnership to co-develop a high-performance jet engine for India’s Advanced Medium Combat Aircraft (AMCA). Previously, on June 26, Safran and Airbus signed a binding agreement with Tikehau Capital for the acquisition of the latter’s stake in Aubert & Duval, with each party set to acquire an equal share.
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