1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Australia >
  5. Mahindra Aerospace Acquires Gippsland Aeronautics Pty.

M&A Deal Summary

Mahindra Aerospace Acquires Gippsland Aeronautics Pty.

On December 1, 2009, Mahindra Aerospace acquired aerospace company Gippsland Aeronautics Pty.

Acquisition Highlights
  • This is Mahindra Aerospace’s 2nd transaction in the Aerospace sector.
  • This is Mahindra Aerospace’s 2nd transaction in Australia.

M&A Deal Summary
Date 2009-12-01
Target Gippsland Aeronautics Pty.
Sector Aerospace
Buyer(s) Mahindra Aerospace
Deal Type Add-on Acquisition

Target

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.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Mahindra Aerospace

Karnataka, India
Category Company
Founded 2008
Sector Aerospace
DESCRIPTION

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
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-01 Aerostaff Australia Pty

Melbourne, Australia

Aerostaff Australia Pty Ltd. a Melbourne-based company manufacturing close-tolerance, high-precision sheet metal components and assemblies for the aviation industry.

Buy -
Mergr

Solution for

Product

Company

Legal