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Announced

Completed

Daher completed the acquisition of Assistance Aéronautique et Aérospatiale.

Synopsis

Daher, an industrial conglomerate, completed the acquisition of Assistance Aéronautique et Aérospatiale, an aircraft maintenance company. Financial terms were not disclosed. “The acquisition of AAA was obvious for us, as the DNA of these two family companies is so similar. We share values based on entrepreneurship, agility and the value of our employees, which are guarantees for the success of this merger. The development of manufacturing services is perfectly aligned with Daher’s desire to provide ever-better support to our customers in the complex context that industry faces today. This is a key step in enabling us to achieve the ambitious objectives of our ‘Take off 2027’ strategic plan, as it enables us to strengthen the presence with our customers, as well as internationally," Didier Kayat, Daher CEO.

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