M&A Deal Summary

AvAir Acquires TAP M&E Brazil

On January 29, 2024, AvAir acquired aerospace company TAP M&E Brazil from TAP Air Portugal

Acquisition Highlights

This is AvAir’s 1st transaction in the Aerospace sector.
This is AvAir’s 1st transaction in Brazil.

M&A Deal Summary
Date	2024-01-29
Target	TAP M&E Brazil
Sector	Aerospace
Buyer(s)	AvAir
Sellers(s)	TAP Air Portugal
Deal Type	Divestiture

Target

TAP M&E Brazil

Brazil

TAP M&E Brazil provides maintenance, repair, and operations of airlines.

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Buyer(S) 1

Buyer

AvAir

Chandler, Arizona, United States

Category	Company
Founded	2000
Sector	Aerospace

DESCRIPTION

AvAir focused on supplying aviation aftermarket parts. AvAir was founded in 2000 and is based in Chandler, Arizona.

DEAL STATS	#
Overall	1 of 1
Sector: Aerospace M&A	1 of 1
Type: Divestiture M&A Deals	1 of 1
Country: Brazil M&A	1 of 1
Year: 2024 M&A	1 of 1

Seller(S) 1

SELLER

TAP Air Portugal

Portugal

Category	Company
Sector	Airlines

DESCRIPTION

TAP Air Portugal is the flag carrier of Portugal.

DEAL STATS	#
Overall	1 of 1
Sector: Aerospace M&A	1 of 1
Type: Divestiture M&A Deals	1 of 1
Country: Brazil M&A	1 of 1
Year: 2024 M&A	1 of 1