Rolls-Royce acquires remaining 49% share in Europea Microfusioni Aerospaziali from Finmeccanica -

Feb 01, 2010 (Datamonitor Financial Deals Tracker via COMTEX) --

Rolls-Royce Group plc has acquired the remaining 49% stake in Europea Microfusioni Aerospaziali S.p.A. (EMA), a manufacturer of precision advanced micro-castings for aero engines, from Finmeccanica S.p.A. Both Europea Microfusioni and Finmeccanica are based in Italy.

Rolls-Royce is a UK-based provider of power systems and services for use on land, at sea and in the air, while Finmeccanica is a holding company engaged in the aeronautics, helicopters, space, defense, energy and transportation industries.

Deal Type    Acquisition
Sub-Category Minority Acquisition
Deal Status  Completed: 2010-01-28

Target (Company)   Europea Microfusioni Aerospaziali S.p.A.
Acquirer (Company) Rolls-Royce plc
Vendor (Company)   Finmeccanica S.p.A.

% Acquisition 49%

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Tags: acquisition   defense   energy   italy   manufacturer   transportation  

Companies: Rolls-Royce Group PLC (RYCEF)

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ROLLS-ROYCE GROUP PLC - Re Contract - Zibb.com

Feb 02, 2010 (PR Newswire Europe via COMTEX) --

2 February 2010

               ROLLS-ROYCE SHARE OF SICHUAN AIRLINES V2500 ORDER
                              WORTH $100 MILLION

Rolls-Royce, the global power systems company, has won a share of an order from
Sichuan Airlines for V2500 engines to power 12 Airbus A320 aircraft currently
on order. The order is worth $100 million to Rolls-Royce.

The contract includes a long-term engine service agreement for the aircraft,
due to be delivered between 2011 and 2015. Sichuan's current A320 family fleet
of 61 aircraft in service and on order is exclusively powered by the V2500.

The V2500 is produced by the International Aero Engines consortium (IAE) in
which Rolls-Royce is a senior shareholder. IAE's other partners are
Pratt & Whitney, the Japanese Aero Engines Corporation and MTU Aero Engines.

The 22,000 - 33,000lb thrust V2500 powers the Airbus A319, A320 and A321 family
of aircraft as well as the Airbus Corporate Jetliner. Nearly 6,000 V2500
engines are in service or on firm order worldwide.

Notes to Editors:

 1. Rolls-Royce, a world-leading provider of power systems and services for use
    on land, at sea and in the air, has established a strong position in global
    markets - civil aerospace, defence aerospace, marine and energy.

 2. In 2008, Rolls-Royce and its partners invested GBP885 million on research and
    development, two thirds of which had the objective of further improving the
    environmental aspects of its products, in particular the reduction of
    emissions.

 3. Annual underlying revenues were GBP9.1 billion in 2008, of which 52 per cent
    came from services revenues. The firm and announced order book stood at
    GBP57.5 billion at 30 June 2009, providing visibility of future levels of
    activity.

For further information please contact:

Mark Alflatt
Director of Financial Communications
Tel: +44 (0)20 7227 9285
mark.alflatt@rolls-royce.com

Nicky Louth-Davies
Director of Corporate Communications
Tel: +44 (0)20 7227 9232
nicky.louth-davies@rolls-royce.com

Website: www.rolls-royce.com


END

Tags: aerospace   aircraft   book   communications   contract   corporate   editors   energy   family   marine   products   research and development  

Companies: Rolls-Royce Group PLC (RYCEF)

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ROLLS-ROYCE GROUP PLC - Re Contract - Zibb.com

Feb 03, 2010 (PR Newswire Europe via COMTEX) --

3 February 2010

               ROLLS-ROYCE SHARE OF TURKISH AIRLINES V2500 ORDER
                           WORTH UP TO $170 MILLION

Rolls-Royce, the global power systems company, has won a share of an order from
Turkish Airlines (THY), the national carrier of Turkey, for V2500 engines to
power 20 firm and 10 option Airbus A320 family aircraft. The order is worth up
to $170 million to Rolls-Royce.

The V2500 is produced by the International Aero Engines consortium (IAE) in
which Rolls-Royce is a senior shareholder. IAE's other partners are Pratt & Whitney,
the Japanese Aero Engines Corporation and MTU Aero Engines.

The aircraft, scheduled for delivery between 2011 and 2013, will be used to
facilitate growth in the THY network. The airline currently operates a fleet of
45 IAE-powered aircraft. The 20 firm aircraft comprise six A319s and 14 A321s.

The 22,000 - 33,000lb thrust V2500 powers the Airbus A319, A320 and A321 family
of aircraft as well as the Airbus Corporate Jetliner. Nearly 6,000 V2500
engines are in service or on firm order worldwide.

Notes to Editors:

 1. Rolls-Royce, a world-leading provider of power systems and services for use
    on land, at sea and in the air, has established a strong position in global
    markets - civil aerospace, defence aerospace, marine and energy.

 2. In 2008, Rolls-Royce and its partners invested GBP885 million on research and
    development, two thirds of which had the objective of further improving the
    environmental aspects of its products, in particular the reduction of
    emissions.

 3. Annual underlying revenues were GBP9.1 billion in 2008, of which 52 per cent
    came from services revenues. The firm and announced order book stood at
    GBP57.5 billion at 30 June 2009, providing visibility of future levels of
    activity.

For further information please contact:

Mark Alflatt
Director of Financial Communications
Tel: +44 (0)20 7227 9285
mark.alflatt@rolls-royce.com

Nicky Louth-Davies
Director of Corporate Communications
Tel: +44 (0)20 7227 9232
nicky.louth-davies@rolls-royce.com

Website: www.rolls-royce.com


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Tags: aerospace   aircraft   book   carrier   communications   contract   corporate   editors   energy   family   marine   products   research and development   turkey  

Companies: Rolls-Royce Group PLC (RYCEF)

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Rolls-Royce acquires full ownership of EMA in Italy - Zibb.com

Jan 29, 2010 (M2 EQUITYBITES via COMTEX) --

UK-based power systems company Rolls-Royce Group plc (LSE:RR) reported on Thursday that it has acquired the remaining 49% stake in its Italian joint venture Europea Microfusioni Aerospaziali SpA (EMA).

The outstanding share in the company was purchased by Rolls-Royce from its partner, Italian defence group Finmeccanica (BIT:FNC), for an undisclosed sum.

Comments on this story may be sent to admin@m2.com

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Tags: acquisition   italy   joint venture   manufacturer   manufacturing   technology  

Companies: Rolls-Royce Group PLC (RYCEF)

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