M&A Deal Summary

SR Technics Switzerland AG Acquires FLS Aerospace

On February 9, 2004, SR Technics Switzerland AG acquired aerospace company FLS Aerospace from FLSmidth A/S for 350M DKK

Acquisition Highlights
  • This is SR Technics Switzerland AG’s 1st transaction in the Aerospace sector.
  • This is SR Technics Switzerland AG’s 0th largest (disclosed) transaction.
  • This is SR Technics Switzerland AG’s 1st transaction in Denmark.

M&A Deal Summary
Date 2004-02-09
Target FLS Aerospace
Sector Aerospace
Buyer(s) SR Technics Switzerland AG
Sellers(s) FLSmidth A/S
Deal Type Divestiture
Deal Value 350M DKK

Target

FLS Aerospace

Denmark
FLS Aerospace is an independent aircraft maintenance provider with 125,000 square metres of hangar and workshop facilities in five countries.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

SR Technics Switzerland AG

Zurich, Switzerland
Category Company
Founded 1931
Sector Aerospace
Employees3,300
Revenue 1.1B CHF (2013)
DESCRIPTION

SR Technics is a world leading independent provider of technical services to commercial airlines with a turnover of €1 billion, serving leading lag carriers and low cost airlines around the world.

DEAL STATS #
Overall 1 of 1
Sector (Aerospace) 1 of 1
Type (Divestiture) 1 of 1
Country (Denmark) 1 of 1
Year (2004) 1 of 1

Seller(S) 1

SELLER

FLSmidth A/S

Copenhagen, Denmark
Category Company
Founded 1882
Sector Machinery
DESCRIPTION

FLSmidth & Co. A/S is a supplier of equipment and services to the global cement and minerals industries. FLSmidth supplies everything from single machinery to complete cement plants and minerals processing facilities including services before, during and after the construction.

DEAL STATS #
Overall 1 of 12
Sector (Aerospace) 1 of 1
Type (Divestiture) 1 of 10
Country (Denmark) 1 of 8
Year (2004) 1 of 4
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-01 MAAG Gear AG

Winterthur, Switzerland

MAAG Gear AG is a manufacturer and supplier of gear units, drive systems, and components to cement and minerals industries

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-04 Motan Materials Handling

Germany

Motan Materials Handling GmbH produces and markets machinery and solutions for storage, conveying and blending of granulated, mainly synthetic materials.

Sell -
Mergr

Product

Company

Legal