M&A Deal Summary

Magellan Acquires Haley Industries

On November 29, 2002, Magellan acquired aerospace company Haley Industries

Acquisition Highlights
  • This is Magellan’s 2nd transaction in the Aerospace sector.
  • This is Magellan’s 2nd transaction in Canada.
  • This is Magellan’s 1st transaction in Ontario.

M&A Deal Summary
Date 2002-11-29
Target Haley Industries
Sector Aerospace
Buyer(s) Magellan
Deal Type Add-on Acquisition

Target

Haley Industries

Haley, Ontario, Canada
Haley Industries Ltd. is a manufacturer of high technology magnesium and aluminum alloy castings for the aerospace industry.

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Buyer(S) 1

Buyer

Magellan

Mississauga, Ontario, Canada
Category Company
Founded 1996
Sector Aerospace
Employees3,850
Revenue 880M CAD (2023)
DESCRIPTION

Magellan Aerospace is a manufacturer and designer of aeroengine and aerostructure components for aerospace industry. Magellan Aerospace was founded in 1996 and is based in Mississauga, Canada.

DEAL STATS #
Overall 2 of 4
Sector (Aerospace) 2 of 4
Type (Add-on Acquisition) 2 of 4
State (Ontario) 1 of 1
Country (Canada) 2 of 2
Year (2002) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-06-01 Bristol Aerospace

Winnipeg, Manitoba, Canada

Bristol Aerospace Ltd. is a designer and manufacturer of parts and components for the aviation and aerospace industries.

Buy $45M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-31 John Huddleston Engineering

Greyabbey, United Kingdom

John Huddleston Engineering Ltd. is a designer and manufacturer of machined components to the global aerospace and defense industry.

Buy -
Mergr

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