Daher completed the acquisition of Quest Aircraft.

Daher, a producer of the TBM family, the fastest turboprop aircraft in its category, completed the acquisition of Quest Aircraft, which builds the Kodiak 100, an American utility aircraft built. Financial terms were not disclosed. "The Quest Aircraft Company's acquisition represents an additional step in our development in the United States and an overall strengthening of our aircraft manufacturing business. In addition to making Daher the world's seventh largest aircraft manufacturer in business aviation, it provides us with our first industrial site in the United States, thereby reinforcing Daher's position as a Tier-1 aerospace equipment and systems manufacturer, as well as a logistics and services provider. This key acquisition for Daher is perfectly aligned with the strategy of intensifying our company's links with the North American market's leading aerospace players," Didier Kayat, Daher CEO.