M&A Deal Summary

Textron Aviation Acquires Textron Aviation Australia

On January 6, 2020, Textron Aviation acquired aerospace company Textron Aviation Australia

Acquisition Highlights
  • This is Textron Aviation’s 2nd transaction in the Aerospace sector.
  • This is Textron Aviation’s 1st transaction in Australia.
  • This is Textron Aviation’s 1st transaction in Washington.

M&A Deal Summary

Date 2020-01-06
Target Textron Aviation Australia
Sector Aerospace
Buyer(s) Textron Aviation
Deal Type Add-on Acquisition

Target

Textron Aviation Australia

Jandakot, Washington, Australia
Textron Aviation Australia is a maintenance, repair, and overhaul (MRO) service, provider. Textron Aviation Australia is based in Jandakot, Washington.

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Buyer(S) 1

Buyer

Textron Aviation

Wichita, Kansas, United States

Category Company
Sector Aerospace
DESCRIPTION

Textron Aviation Inc. is a general aviation authority and home to the Beechcraft, Cessna and Hawker brands, which account for more than half of all general aviation aircraft flying. The Textron Aviation companies include Cessna Aircraft Company and Beechcraft Corporation, bringing together decades of unmatched experience in designing, building and supporting airplanes. It provides the most versatile and comprehensive general aviation product portfolio in the world through five principal lines of business: business jets, general aviation and special mission turboprop aircraft, high performance piston aircraft, military trainer and defense aircraft, and a complete global customer service organization. Its broad range of products include such best-selling aircraft as Citation and Hawker business jets, King Air and Caravan turboprops and T-6 military trainer aircraft, all of which are backed by the industry’s largest global service network.


DEAL STATS #
Overall 2 of 2
Sector: Aerospace M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Washington M&A 1 of 1
Country: Australia M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-21 Able Engineering & Component Services

Mesa, Arizona, United States

Able provides component repairs, component exchanges and replacement parts, among other support and service offerings for commercial rotorcraft and fixed-wing aircraft customers around the world. Able is an international aerospace enterprise that has developed over 2,800 unique proprietary FAA-approved repairs on aircraft components, and is a preferred MRO provider to helicopter fleets and airlines worldwide.

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