M&A Deal Summary

Triumph Group Acquires Rolls-Royce Gear Systems

On January 19, 2004, Triumph Group acquired aerospace company Rolls-Royce Gear Systems from Rolls-Royce North America for 55M USD

Acquisition Highlights
  • This is Triumph Group’s 10th transaction in the Aerospace sector.
  • This is Triumph Group’s 3rd largest (disclosed) transaction.
  • This is Triumph Group’s 10th transaction in the United States.
  • This is Triumph Group’s 1st transaction in Utah.

M&A Deal Summary

Date 2004-01-19
Target Rolls-Royce Gear Systems
Sector Aerospace
Buyer(s) Triumph Group
Sellers(s) Rolls-Royce North America
Deal Type Divestiture
Deal Value 55M USD

Target

Rolls-Royce Gear Systems

Park City, Utah, United States
Rolls-Royce Gear Systems specializes in the design, development, manufacture, sale and repair of gearboxes, high-lift flight control actuators and gear-driven actuators and gears for the aerospace industry. Primary products include aircraft and engine mounted accessory drives, utility actuation components and systems, high-lift actuation systems and flight trim actuators for both civil and military application.

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Buyer(S) 1

Buyer

Triumph Group

Berwyn, Pennsylvania, United States

Category Company
Founded 1993
Sector Aerospace
Employees4,530
Revenue 1.2B USD (2024)
DESCRIPTION

Triumph Group is an entity which designs, engineers, manufactures, overhauls, and repairs aircraft components, including mechanical controls, avionics, instrumentation, engine accessories, and auxiliary power units. Triumph Group was founded in 1993 and is besed in Berwyn, Pennsylvania.


DEAL STATS #
Overall 10 of 32
Sector (Aerospace) 10 of 30
Type (Divestiture) 5 of 12
State (Utah) 1 of 1
Country (United States) 10 of 29
Year (2004) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-06-02 Parker Hannifin s United Aircraft Products Division

Forest, Ohio, United States

United Aircraft Products Division business,specializes in the design, development, manufacture, sale and service of heat exchangers for the aerospace industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-04 Excel Manufacturing

Wichita, Kansas, United States

Excel manufactures aircraft structural components specializing in complex precision machining, subassemblies and sheet metal fabrication, primarily for major aviation and aerospace clients. Machining includes high-speed milling, conventional computer numerical control (CNC) machining, multi-axis CNC turning, water-jet machining and manual machining services.

Buy -

Seller(S) 1

SELLER

Rolls-Royce North America

Reston, Virginia, United States

Category Company
Sector Machinery
DESCRIPTION

The Rolls-Royce repair and overhaul network presently comprises 14 facilities either wholly or partly owned, on four continents, servicing 48 different types of engines for more than 400 operators every year. The acquisition will position Rolls-Royce in new markets, strengthening the company's position and bringing new customers in both the aviation and industrial sectors.


DEAL STATS #
Overall 1 of 2
Sector (Aerospace) 1 of 1
Type (Divestiture) 1 of 2
State (Utah) 1 of 1
Country (United States) 1 of 2
Year (2004) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-11-01 National Airmotive

Oakland, California, United States

First Aviation Services Inc. ("First Aviation") was established in June 1995 by First Equity Group ("First Equity") to acquire National Airmotive Corporation (“NAC”). In November 1999, NAC was sold to Rolls-Royce North America, Inc. for an adjusted sales price of approximately $71 million.

Buy $71M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-23 SmartMotor AS

Trondheim, Norway

SmartMotor offers customised, compact, highly efficient, high-torque electrical machines. The concept is based on patented permanent magnet (PM) technology with integrated drives and controls. Most machine designs are customised to specific applications, often operating in very harsh and demanding environments.

Buy -