M&A Deal Summary

Mitsubishi Heavy Industries Acquires Canadair Regional Jet Program

On June 25, 2019, Mitsubishi Heavy Industries acquired aerospace company Canadair Regional Jet Program from Bombardier for 750M USD

Acquisition Highlights
  • This is Mitsubishi Heavy Industries’ 2nd transaction in the Aerospace sector.
  • This is Mitsubishi Heavy Industries’ largest (disclosed) transaction.
  • This is Mitsubishi Heavy Industries’ 2nd transaction in Canada.
  • This is Mitsubishi Heavy Industries’ 2nd transaction in Quebec.

M&A Deal Summary
Date 2019-06-25
Target Canadair Regional Jet Program
Sector Aerospace
Buyer(s) Mitsubishi Heavy Industries
Sellers(s) Bombardier
Deal Type Divestiture
Deal Value 750M USD

Target

Canadair Regional Jet Program

Montreal, Quebec, Canada
The Canadair Regional Jet Program consists of the maintenance, support, refurbishment, marketing, and sales activities for the CRJ Series aircraft, including the related services and support network located in Montréal, Québec, and Toronto, Ontario, and its service centers located in Bridgeport, West Virginia, and Tucson, Arizona, as well as the type certificates.

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Buyer(S) 1

Buyer

Mitsubishi Heavy Industries

Tokyo, Japan
Category Company
Founded 1884
Sector Machinery
Employees77,697
Revenue 4.20T JPY (2023)
DESCRIPTION
Mitsubishi Heavy Industries' corporate headquarters in Tokyo, Japan.
Mitsubishi Heavy Industries' corporate headquarters in Tokyo, Japan.

Mitsubishi Heavy Industries is a conglomerate with a strong presence in various industries. With a focus on engineering and manufacturing, MHI operates across sectors such as aerospace, defense, energy, machinery, and transportation. Mitsubishi Heavy Industries was founded in 1884 and is based in Tokyo, Japan.

DEAL STATS #
Overall 3 of 5
Sector (Aerospace) 2 of 2
Type (Divestiture) 2 of 3
State (Quebec) 2 of 2
Country (Canada) 2 of 2
Year (2019) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-25 Bombardier - Regional Jet Program

Montreal, Quebec, Canada

Bombardier, Inc. - Regional Jet Program provides maintenance, support, refurbishment, marketing, and sales activities for the CRJ Series aircraft, including the related services.

Buy $550M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-05 Mitsubishi Heavy Industries Machine Tool

Shiga, Japan

Mitsubishi Heavy Industries Machine Tool is involved in designing, manufacturing, selling and consulting services associated with machine tools, cutting tools, and other related products. Mitsubishi Heavy Industries Machine Tool was formed in 2015 and is based in Shiga, Japan.

Sell -

Seller(S) 1

SELLER

Bombardier

Dorval, Quebec, Canada
Category Company
Founded 1902
Sector Aerospace
Employees17,100
Revenue 8.0B USD (2023)
DESCRIPTION

Bombardier together with its subsidiaries, manufactures transportation equipment worldwide. Bombardier was founded in 1902 and is headquartered in Dorval, Canada.

DEAL STATS #
Overall 6 of 9
Sector (Aerospace) 4 of 6
Type (Divestiture) 4 of 7
State (Quebec) 5 of 6
Country (Canada) 5 of 6
Year (2019) 2 of 3
Size (of disclosed) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-25 Bombardier - Regional Jet Program

Montreal, Quebec, Canada

Bombardier, Inc. - Regional Jet Program provides maintenance, support, refurbishment, marketing, and sales activities for the CRJ Series aircraft, including the related services.

Sell $550M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-31 Bombardier - Electrical Wiring Interconnection System Business

Queretaro, Mexico

Bombardier, Inc.'s Electrical Wiring Interconnection System Business specializing in harnessing and electrical sub-assemblies in Queretaro, Mexico.

Sell -
Mergr

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