The shareholders of S.R.I.F. NV, the parent company of the Asco Group, have reached agreement with Spirit AeroSystems Holdings, Inc., a US company listed on the NYSE, for the sale of the Asco Group. Asco is a privately held Belgian group with 1,400 employees worldwide and a leading supplier of high lift devices, major structural components and mechanical assemblies for commercial and military aircraft.

The closing of the transaction is expected to take place in the second half of 2018, following regulatory approvals and other customary closing conditions.

The shareholders of S.R.I.F. NV are assisted by Eubelius. The team members involved in this transaction are Marieke Wyckaert, Matthias Wauters, Jan Bocken, Carl Clottens, Stijn Goovaerts and Christophe De Backere.