The operation On 15 January 2007 General Electric Corporation (“GE”) announced proposals for GE Aviation UK (“GE Aviation”) to acquire Smiths Aerospace. GE Aviation is active in the aviation sector and is a subsidiary of GE, incorporated in the US. GE is a diversified industrial corporation which is active globally in a number of sectors, including manufacturing, technology and services. Smiths Aerospace is a UK company that supplies digital, electrical power and mechanical system products and engine components for commercial and military aircraft and associated customer services. Together, GE and Smiths Industries comprise “the parties” to the transaction. The transaction was notified to the European Commission
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The UK Office of Fair Trading and the Secretary of State for Trade and Industry clear a merger in the aviation defence sector subject to behavioural remedies relating to national security and security of supply issues (GE/Smiths Aerospace)
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