M&A Deal Summary

Spirit AeroSystems Acquires Bombardier - Aerostructures and Aftermarket Services Business

On October 26, 2020, Spirit AeroSystems acquired aerospace company Bombardier - Aerostructures and Aftermarket Services Business from Bombardier for 275M USD

Acquisition Highlights
  • This is Spirit AeroSystems’ 2nd transaction in the Aerospace sector.
  • This is Spirit AeroSystems’ 2nd largest (disclosed) transaction.
  • This is Spirit AeroSystems’ 1st transaction in Ireland.

M&A Deal Summary

Date 2020-10-26
Target Bombardier - Aerostructures and Aftermarket Services Business
Sector Aerospace
Buyer(s) Spirit AeroSystems
Sellers(s) Bombardier
Deal Type Divestiture
Deal Value 275M USD

Target

Bombardier - Aerostructures and Aftermarket Services Business

Belfast, Ireland
Bombardier, Inc. - Aerostructures and Aftermarket Services Business is a global player, delivering composite and metallic wing components, nacelles, fuselages and tail assemblies, along with high-value mechanical assemblies made out of aluminum, titanium, and steel.

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Buyer(S) 1

Buyer

Spirit AeroSystems

Wichita, Kansas, United States

Category Company
Founded 1927
Sector Aerospace
Employees14,500
Revenue 6.0B USD (2023)
DESCRIPTION

Spirit AeroSystems is an independent supplier 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 manufacturer. Spirit AeroSystems was founded in 1927 and is based in Wichita, Kansas.


DEAL STATS #
Overall 3 of 4
Sector (Aerospace) 2 of 3
Type (Divestiture) 1 of 1
Country (Ireland) 1 of 1
Year (2020) 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-17 Fiber Materials

Biddeford, Michigan, United States

Fiber Materials is a materials solutions company that develops and manufactures high-temperature materials and composites for use in industrial, commercial, and aerospace applications. FMI produces carbon/carbon composites, carbon-ceramic, and advanced polymer matrix composites. Fiber Materials was established in 1969 and is based in Biddeford, Maine.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-27 Applied Aerodynamics

Farmers Branch, Texas, United States

Applied Aerodynamics is a provider of high-quality, efficient composite maintenance, repair, and overhaul (MRO) solutions for premier airlines. Employing the principles of total quality management (TQM), Applied Aerodynamics offers outstanding structural repair and overhaul of thrust reversers, flight controls, radomes/tailcones, nacelles, doors, panels, and more. Applied Aerodynamics was formed in 1990 and is based in Farmers Branch, Texas.

Buy -

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 9 of 9
Sector (Aerospace) 6 of 6
Type (Divestiture) 7 of 7
Country (Ireland) 1 of 1
Year (2020) 2 of 2
Size (of disclosed) 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-17 Bombardier - Transportation Division

Valcourt, Quebec, Canada

Bombardier, Inc. - Transportation Division is a provider of rail services in Canada.

Sell $8.2B