M&A Deal Summary

Liebherr Acquires GIT SAS

On March 28, 2024, Liebherr acquired aerospace company GIT SAS

Acquisition Highlights
  • This is Liebherr’s 1st transaction in the Aerospace sector.
  • This is Liebherr’s 1st transaction in France.

M&A Deal Summary
Date 2024-03-28
Target GIT SAS
Sector Aerospace
Buyer(s) Liebherr
Deal Type Add-on Acquisition

Target

GIT SAS

Cugnaux, France
website
GIT SAS specializes in surface treatment and the application of liquid paint on various materials for the aerospace industry. GIT SAS is based in Cugnaux, France.

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Buyer(S) 1

Buyer

Liebherr

Bulle, Switzerland

website

Category Company
Founded 1949
Sector Machinery
DESCRIPTION

Liebherr is global manufacturer of construction machinery and other equipment. Company divisions include earthmoving, mining, mobile cranes, tower cranes, maritime cranes, concrete technology, machine tools, aerospace/transportation systems, components, and domestic appliance. Liebherr was formed in 1949.

DEAL STATS #
Overall 3 of 3
Sector (Aerospace) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (France) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-01 Shriro Tower Cranes Division

Hong Kong, China

Shriro Tower Cranes Division is a producer of construction cranes and towers serving the Asian/Pacific market.

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