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M&A Deal Summary

Jet Aviation Acquires ExecuJet’s Zurich FBO and Hangar Operations

On June 25, 2021, Jet Aviation acquired aerospace company ExecuJet’s Zurich FBO and Hangar Operations from ExecuJet Aviation Group AG

Acquisition Highlights
  • This is Jet Aviation’s 3rd transaction in the Aerospace sector.
  • This is Jet Aviation’s 2nd transaction in Switzerland.

M&A Deal Summary
Date 2021-06-25
Target ExecuJet’s Zurich FBO and Hangar Operations
Sector Aerospace
Buyer(s) Jet Aviation
Sellers(s) ExecuJet Aviation Group AG
Deal Type Divestiture

Target

ExecuJet’s Zurich FBO and Hangar Operations

Zurich, Switzerland
ExecuJet’s Zurich FBO and Hangar Operations include one near-5,000 square-meter hangar and one 2,500 square-meter hangar; two private ramps at 4,620 and 5,760 square meters; a 500 square-meter vehicle parking area; and a multifunctional, state-of-the-art terminal for passengers and crews.

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Buyer(S) 1

Buyer

Jet Aviation

Zurich, Switzerland
Category Company
Founded 1967
Sector Aerospace
Employees5,600
DESCRIPTION

Jet Aviation is a Swiss-based international business aviation services company. The company provides maintenance, completions and refurbishment, engineering and fixed base operations, along with aircraft management, charter services, aircraft sales and personnel services.

DEAL STATS #
Overall 4 of 4
Sector: Aerospace M&A 3 of 3
Type: Divestiture M&A Deals 4 of 4
Country: Switzerland M&A 2 of 2
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-25 Luxaviation’s Swiss Aircraft Management and Charter Division

Zurich, Switzerland

Luxaviation’s Swiss Aircraft Management and Charter Division fleet management services in Europe

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Seller(S) 1

SELLER

ExecuJet Aviation Group AG

Zurich, Switzerland
Category Company
Founded 1991
Sector Aerospace
Employees1,000
DESCRIPTION

ExecuJet Aviation Group AG provides business aviation services.

DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2021 M&A 1 of 1
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