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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
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