M&A Deal Summary

FL Technics Acquires Wright International

On December 2, 2020, FL Technics acquired aerospace company Wright International

Acquisition Highlights
  • This is FL Technics’ 1st transaction in the Aerospace sector.
  • This is FL Technics’ 1st transaction in Canada.
  • This is FL Technics’ 1st transaction in Ontario.

M&A Deal Summary
Date 2020-12-02
Target Wright International
Sector Aerospace
Buyer(s) FL Technics
Deal Type Add-on Acquisition

Target

Wright International

Toronto, Ontario, Canada
Wright International provides aircraft line maintenance services up to ‘A’ level checks, A.O.G. support and training for airlines at Canada’s major international airports, including Toronto Pearson, Vancouver, Calgary, Montreal-Mirabel and Ottawa. Founded in 1991 and headquartered at Toronto Pearson International Airport, Wright International is a Transport Canada and EASA Approved Maintenance Organisation (AMO) licensed to service most commercial aircraft types. Wright International is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

FL Technics

Vilnius, Lithuania
Category Company
Sector Aerospace
DESCRIPTION

FL Technics is a global provider of tailor-made solutions for aircraft maintenance and repair, providing one-stop-shop maintenance to commercial aviation customers across Europe, the CIS, and Asia-Pacific. We hold offices in Lithuania, the United Kingdom, Thailand, Indonesia, and China, and provides Base Maintenance services in Lithuania and Indonesia. FL Technics is based in Vilnius, Lithuania.

DEAL STATS #
Overall 1 of 1
Sector (Aerospace) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2020) 1 of 1
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