Saab Ericsson Space acquires majority interest In Fokker Space

Citation

(2001), "Saab Ericsson Space acquires majority interest In Fokker Space", Aircraft Engineering and Aerospace Technology, Vol. 73 No. 2. https://doi.org/10.1108/aeat.2001.12773bab.042

Saab Ericsson Space acquires majority interest In Fokker Space

Saab Ericsson Space acquires majority interest In Fokker Space

Keywords Saab Ericsson Space, Stork, Fokker Space, Mergers and acquisitions, Aerospace industry

Saab Ericsson Space, headquartered in Göteborg, Sweden, has acquired 65 per cent of the leading Dutch space company Fokker Space. Stork, the major aerospace industry in The Netherlands, will acquire the remaining part of the shares. Fokker Space is a prime supplier of solar arrays, is also a specialist in advanced robotics technology and is prime contractor of the European Robotic Arm. The company's expertise in "light-rigid" and strong structural components has led to close involvement in the Ariane launcher development and production program. Fokker Space has 400 employees and Euro 100 million in annual sales.