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Announced

Bell Textron to acquire Zhenjiang Aerochine Aviation.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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China

Aerospace

aerospace components

helicopter maintenance

Acquisition

Private

Majority

Pending

Friendly

Single Bidder

Synopsis

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Bell Textron, a manufacturer and distributor of helicopters and tilt rotor aircraft, agreed to acquire Zhenjiang Aerochine Aviation, a provider of helicopter maintenance, repair and overhaul services. Financial terms were not disclosed. “Bell is known worldwide for its industry-leading support and services, and this milestone will enhance our award-winning customer service in China. The growing fleet in China warrants an Original Equipment Manufacturer MRO center, so we decided to further increase our investment in China,” Michael Reagan, Bell Support & Services Director.

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