Announced
Synopsis
Airbus Helicopters, the helicopter manufacturing division of Airbus, agreed to acquire ZF Luftfahrttechnik, a provider of advanced OEM independent solutions for helicopter transmission systems, from ZF Friedrichshafen, a global technology company and supplies systems for passenger cars, commercial vehicles and industrial technology. Financial terms were not disclosed. “By adding ZF Luftfahrttechnik to our portfolio, we will further broaden our range of MRO capabilities and secure additional competences in the area of dynamic systems for Airbus Helicopters, adding value for our global customer base. With ZF Luftfahrttechnik, we will be able to improve our service offering for our customers including key partners like the German Bundeswehr, thus addressing their MRO needs faster with an increased level of integration. ZF Luftfahrttechnik’s balanced and global business model fits very well into our approach to the worldwide helicopter market,” Bruno Even, Airbus Helicopters CEO.
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