Disposal

RNS Number : 6981Y

BAE SYSTEMS PLC

05 March 2012

 



RNS statement

BAE Systems completes sale of Safety Products and Schroth businesses

5 March 2012

Further to the announcement of 23 December 2011, BAE Systems has completed the divestiture of its BAE Systems Safety Products Inc. ("Safety Products") and Schroth Safety Products GmbH ("Schroth") businesses in the US and Germany to Takata Corporation for cash consideration of approximately $32 million. The businesses generated sales of approximately $40m in 2011.

Issued by:

BAE Systems plc

London

 

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