SEP rockets into Snecma

1997-01-22T00:00:00

Snecma has completed the takeover of rocket engine and advanced materials venture Société Européen de Propulsion (SEP), which now becomes a wholly owned group subsidiary. SEP, in turn, will take over Snecma's brakes subsidiary, Messier-Bugatti, to create what is claimed will be Europe's largest aviation and automobile braking company.

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