In July 2007 GSEF acquired a 3.12% stake in the European Aeronautic Defence and Space Company EADS NV, the world’s second largest aerospace conglomerate with a leading market position in its respective business lines. The EADS group includes the aircraft manufacturer Airbus, the world’s largest helicopter supplier Eurocopter and EADS Astrium, the European leader in space programmes from Ariane to Galileo. The conglomerate’s superior product offering, comprehensive restructuring programme and committed management strongly fulfil GSEF’s investment criteria and support its aim to become a leading shareholder in global Fortune 500 companies, whilst creating value through long term exposure to a concentrated portfolio of undervalued companies.
(www.eads.net)
