M&A Deal Summary |
|
|---|---|
| Date | 1992-03-02 |
| Target | Cessna |
| Sector | Aerospace |
| Buyer(s) | Textron |
| Sellers(s) | General Dynamics |
| Deal Type | Divestiture |
| Deal Value | 600M USD |
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| Category | Company |
|---|---|
| Founded | 1923 |
| Sector | Diversified |
| Employees | 35,000 |
| Revenue | 13.7B USD (2023) |
Textron is a multi-industry company that leverages a global network of aircraft, defense, industrial and finance businesses to provide customers with products and services around the world. Textron conducts business through five operating segments: Cessna, Bell, Textron Systems and Industrial, and Finance. Cessna is a general aviation company with two principal lines of business: Aircraft sales and aftermarket services. Bell Helicopter is a supplier of military and commercial helicopters, tiltrotor aircraft, and related spare parts and services. Textron Systems’ product lines consist of unmanned aircraft systems, land and marine systems, weapons and sensors and a variety of defense and aviation mission support products and services. Textron Industrial designs and manufactures a variety of products under three principal product lines, including Fuel Systems and Functional Components, Golf and Turf Care, and Powered Tools, Testing and Measurement Equipment. Textron Finance is a commercial finance business that consists of Textron Financial Corporation. Textron was founded in 1923 and is based in Providence, Rhode Island.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 48 |
| Sector (Aerospace) | 2 of 7 |
| Type (Divestiture) | 1 of 8 |
| State (Kansas) | 1 of 2 |
| Country (United States) | 3 of 30 |
| Year (1992) | 1 of 1 |
| Size (of disclosed) | 3 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1986-01-29 |
Bostitch
East Greenwich, Connecticut, United States Bostitch is a manufacturer of power tools. |
Sell | $193M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1996-01-01 |
Camelin Decolletage Industries
Besancon, France Camelin produces components for car braking and interior safety systems, as well as for domestic appliances. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1899 |
| Sector | Defense |
| Employees | 100,000 |
| Revenue | 42.3B USD (2023) |
General Dynamics is an aerospace and defense company. It manufacturers business jets as well as provides combat systems to the US military. General Dynamics was founded in 1952 and is based in Reston, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 6 |
| Sector (Aerospace) | 1 of 3 |
| Type (Divestiture) | 1 of 5 |
| State (Kansas) | 1 of 1 |
| Country (United States) | 1 of 6 |
| Year (1992) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1985-09-14 |
Cessna
Wichita, Kansas, United States Cessna is an American general aviation aircraft manufacturer. Cessna is known for small, piston-powered aircraft as well as small business jets. Cessna was originally established in 1927 and is based in Wichita, Kansas. |
Buy | $700M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-05-17 |
Gulfstream Aerospace
Savannah, Georgia, United States Gulfstream Aerospace designs, develops, and manufactures business-jet aircraft. Gulfstream was formed in 1958 and is based in Savannah, Georgia. |
Buy | $5.3B |
