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Announced

Boeing to acquire EnCore Group.

Synopsis

Boeing agreed to acquire EnCore Group, an aerospace interiors company that designs, certifies and produces airplane galleys and seats for airlines and also supplies products and components to Boeing. Financial terms were not disclosed. Boeing's acquisition of EnCore Group will strengthen internal capabilities and increase innovation within its cabin vertical to provide higher end-to-end value to airline customers—from increased options and better products to improved capacity and availability. "With this acquisition, we aim to deliver quality and high-value interior offerings that our customers expect and passengers prefer. Boeing and EnCore have a history of partnering on products, and we are excited for EnCore and its employees to join the Boeing family," Sheila Remes, Boeing cabin vertical leader and Vice President of Strategy.

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