M&A Deal Summary |
|
|---|---|
| Date | 2009-12-01 |
| Target | Aerostaff Australia Pty |
| Sector | Aerospace |
| Buyer(s) | Mahindra Aerospace |
| Deal Type | Add-on Acquisition |
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Mahindra Aerospace is a Mahindra & Mahindra group company set up to capitalize on the opportunities in India's aerospace market. The company aims to become a globally recognized Tier-1 aero components player and manufacturer of light utility aircraft. Mahindra Aerospace was founded in 2008 and is based in Karnataka, Bengaluru.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Aerospace M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| Country: Australia M&A | 2 of 2 |
| Year: 2009 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-12-01 |
Gippsland Aeronautics Pty.
Morwell, Australia Gippsland Aeronautics Pty. Ltd. is a designer and manufacturer of small utility aircraft, recently. Gippsland has a portfolio of three aircraft spanning the two to 18-seater categories. |
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