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  6. Pratt & Whitney Canada Acquires Altair Avionics

M&A Deal Summary

Pratt & Whitney Canada Acquires Altair Avionics

On December 20, 2001, Pratt & Whitney Canada acquired aerospace company Altair Avionics

Acquisition Highlights
  • This is Pratt & Whitney Canada’s 1st transaction in the Aerospace sector.
  • This is Pratt & Whitney Canada’s 1st transaction in the United States.
  • This is Pratt & Whitney Canada’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2001-12-20
Target Altair Avionics
Sector Aerospace
Buyer(s) Pratt & Whitney Canada
Deal Type Add-on Acquisition
Advisor(s) Stonebridge Associates LLC (Financial)

Target

Altair Avionics

Norwood, Massachusetts, United States
Altair Avionics Corp. providing Internet-based data management services as well as the design, manufacture, marketing and support of aircraft and engine electronic monitoring systems for the aerospace industry.

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Buyer(S) 1

Buyer

Pratt & Whitney Canada

Longueuil, Quebec, Canada
Category Company
Founded 1928
Sector Aerospace
DESCRIPTION

Pratt & Whitney Canada Corp. in aerospace, P&WC is shaping the future of aviation with dependable, high-technology engines.

DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2001 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-27 Pratt & Whitney Canada - JT15D Engine Parts

Longueuil, Quebec, Canada

Pratt & Whitney Canada Corp.'s JT15D Engine Parts manufactures portfolio of engine support capabilities.

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