Safran merges Messier aviation parts subsidiaries

Paris: French aerospace supplier Safran SA said Monday it was merging its Messier-Bugatti, Messier-Dowty and Messier Services subsidiaries to create Messier-Bugatti-Dowty, a single corporate structure with four operational divisions.

The newly created entity will be a world leader in aircraft landing and braking systems.

''The merger is a decisive move to consolidate the leading positions in each of our business segments to provide customers with an expanded portfolio of integrated landing systems, associated equipment and services," said Yves Leclere, Safran group executive vice president.

The new company will be headed by Alain Sauret, the current chairman and chief executive officer of Messier-Bugatti.

The four new divisions are: landing gear and systems integration; wheels and brakes; systems equipment; and maintenance, repair and overhaul.