AXISCADES Divests Aerospace Engineering Services to Akkodis

AXISCADES Technologies has announced a strategic divestment of its Aerospace Engineering Services business to Akkodis, a global digital engineering consulting company. Akkodis will acquire a 51% controlling interest in the first tranche, with the remaining 49% to be acquired over the next 24-30 months. This transaction marks the completion of AXISCADES' transformation into a proprietary products and IP-focused manufacturing platform. The proceeds will fully fund the Company's Power 930 growth plan and the establishment of a new Space division. The deal is structured in two tranches, with the first tranche expected to close in Q3 FY27, subject to regulatory clearances. AXISCADES will operate as a strategic partner with Akkodis during a 18-24 month transition period.