M&A Deal Summary |
|
|---|---|
| Date | 2016-09-30 |
| Target | Spirit AeroSystems - Chanute Operations |
| Sector | Aerospace |
| Buyer(s) | Orizon |
| Sellers(s) | Spirit AeroSystems |
| Deal Type | Divestiture |
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Orizon manufactures large complex structural components, provides metal finish processing and fabricates major sub-assemblies for leading airframe manufacturers in the commercial aerospace, defense, space and general aviation industries. The company’s investments in digitized systems/software, proprietary engineering/ programming techniques, advanced machine tools, and automated assembly technologies provides affordable solutions for the largest Aerospace and Defense manufacturers in the world. Orizon is based in Kansas City, Missouri.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Aerospace M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Kansas M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1927 |
| Sector | Aerospace |
| Employees | 20,370 |
| Revenue | 6.3B USD (2024) |
Spirit AeroSystems is an independent provider of large component parts and assemblies for commercial aircraft. Spirit AeroSystems offers manufacturing and design expertise on a broad range of products and services for aircraft original equipment manufacturers. Spirit AeroSystems was founded in 1927 and is based in Wichita, Kansas.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 4 |
| Sector: Aerospace M&A | 2 of 3 |
| Type: Divestiture M&A Deals | 2 of 4 |
| State: Kansas M&A | 1 of 1 |
| Country: United States M&A | 2 of 3 |
| Year: 2016 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-01-05 |
Spirit AeroSystems - Gulfstream G650 and G280 Wing Programs
Tulsa, Oklahoma, United States Spirit AeroSystems' Gulfstream G650 and G280 Wing Programs provide wing design, engineering, and production based in Tulsa, Oklahoma. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-02 |
Asco Industries N.V.
Zaventem, Belgium Asco Industries N.V. is a provider of high lift wing structures, mechanical assemblies and major functional components to major OEMs and Tier-1 suppliers in the global commercial aerospace and military markets. |
Buy | $650M |
