Embraer to Take Full Control of EZAir as Safran Sells 50% Stake

Overview

• Safran and Embraer signed a definitive agreement for Embraer to acquire Safran Cabin’s shares in EZAir, their 50/50 interiors joint venture.
• EZAir’s Chihuahua, Mexico facility, which employs about 1,100 people, will become wholly owned by Embraer and be integrated into its industrial footprint.
• The JV manufactures cabin interiors for Embraer and supports aftermarket services, with related engineering and manufacturing work conducted in Brazil.
• Engineering and manufacturing activities in Brazil that are tied to Embraer programmes will transfer to Embraer, while Safran keeps non-Embraer engineering services.
• The companies describe the move as a strategic realignment to simplify operations and align programme responsibilities, with existing arrangements remaining in place until closing.