Sagem Communication announces sale of printed circuit board business  to Elvia PCB

july 4th, 2007

Sagem Communication (SAFRAN Group) today announced the sale of its small and mid-size series printed circuit board business to Elvia PCB.

The agreement includes the transfer to Elvia PCB of Sagem Communication’s production unit at Lannion, in France’s Brittany region.

The printed circuit businesses of Sagem Communication and Elvia PCB offer an excellent fit in terms of the product portfolio, markets and commercial coverage.

This creates a positive opportunity to combine these activities with those of Elvia PCB, whose core business is printed circuit boards, in order to ensure the development of the business.

Under the terms of the agreement, Elvia PCB and Safran Group companies will pursue commercial relationships in order to guarantee business levels for the Lannion unit and maintain the jobs involved