Daher completed the acquisition of the Stuart aerostructures business from Triumph Group.

Daher, a manufacturer and developer of aircraft and industrial equipment systems, completed the acquisition of the Stuart aerostructures business from Triumph Group, a firm that designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerospace and defense systems. Financial terms were not disclosed. “This acquisition is perfectly aligned with Daher’s ‘Succeed Together’ strategic plan, including the goal of significantly developing our North American activities across all of the company’s divisions. We strengthened our aircraft manufacturing business by acquiring Kodiak in 2019, and also have achieved significant organic growth in our services activities. With this acquisition, we strive to strengthen our industrial business. This significant transaction enables us to position ourselves globally as a key aerospace player," Didier Kayat, Daher CEO.