M&A Deal Summary

Swire Pacific Acquires HAECO

On June 10, 2018, Swire Pacific acquired aerospace company HAECO for 3.0B HKD

Acquisition Highlights
  • This is Swire Pacific’s 1st transaction in the Aerospace sector.
  • This is Swire Pacific’s largest (disclosed) transaction.
  • This is Swire Pacific’s 3rd transaction in China.

M&A Deal Summary

Date 2018-06-10
Target HAECO
Sector Aerospace
Buyer(s) Swire Pacific
Deal Type Add-on Acquisition
Deal Value 3.0B HKD

Target

HAECO

Hong Kong, China
HAECO is an aircraft engineering and maintenance service provider. The Group provides a comprehensive range of services encompassing airframe services, line services, cabin solutions, private jet solutions, fleet technical management, inventory technical management, component overhaul, aerostructure repairs, landing gear services, engine services, global engine support, parts manufacturing, and technical training. HAECO was founded in 1950 and is based in Hong Kong, China.

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Buyer(S) 1

Buyer

Swire Pacific

Hong Kong, China

Category Company
Founded 1816
Sector Business Services
Employees87,000
Revenue 82.0B HKD (2024)
DESCRIPTION

Swire Pacific is an entity with diversified interests in five operating divisions: property, aviation, beverages, marine services and trading & industrial. Swire Pacific was founded in 1816 and is based in Hong Kong, China.


DEAL STATS #
Overall 3 of 3
Sector: Aerospace M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: China M&A 3 of 3
Year: 2018 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 DeltaHealth

Shanghai, China

DeltaHealth is a comprehensive foreign-funded hospital that features the diagnosis and treatment of cardiovascular diseases and provides international standards and high-quality medical services. DeltaHealth was founded in 2016 and is based in Shanghai, China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-06 HUD Group

Tsing Yi Island, China

HUD Group is a provider of multi-disciplinary marine services and engineering solutions. Its 100,000-square-metre dockyard is well located geographically on Tsing Yi Island, in close proximity to Hong Kong’s two main import and export channels: Kwai Chung Container Terminals and Hong Kong International Airport. HUD Group was founded in 1972 and is based in Tsing Yi Island, Hong Kong.

Sell -