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M&A Deal Summary

SPP Canada Aircraft Acquires CFN Precision

On May 1, 2013, SPP Canada Aircraft acquired aerospace company CFN Precision

Acquisition Highlights
  • This is SPP Canada Aircraft’s 1st transaction in the Aerospace sector.
  • This is SPP Canada Aircraft’s 1st transaction in Canada.
  • This is SPP Canada Aircraft’s 1st transaction in Ontario.

M&A Deal Summary
Date 2013-05-01
Target CFN Precision
Sector Aerospace
Buyer(s) SPP Canada Aircraft
Deal Type Add-on Acquisition
Advisor(s) DecisionPoint Advisors (Financial)

Target

CFN Precision

Concord, Ontario, Canada
CFN Precision is a trusted world class Aerospace manufacturer specializing in complex, precision machined components, kits and assemblies for landing gear and aircraft structures. CFN is recognized by its customers as a very dependable, low risk supplier thanks to its strong professional team, consistent performance in quality and customer service.

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Buyer(S) 1

Buyer

SPP Canada Aircraft

Mississauga, Ontario, Canada
Category Company
Sector Aerospace
DESCRIPTION

SPP Canada Aircraft, Inc. (SPPCA) was established in April 2012 and is a wholly owned subsidiary of Sumitomo Precision Products. Headquartered in Mississauga, SPPCA designs, produces new and innovative solutions as well as supports landing gear systems for regional and business aircraft.

DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2013 M&A 1 of 1
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