Add-on Acquisition • Aerospace

Zodiac Aerospace Acquires Driessen Aerospace Group NV

On July 31, 2008, Zodiac Aerospace acquired aerospace company Driessen Aerospace Group NV

Acquisition Context
  • This is Zodiac Aerospace’s 3rd transaction in the Aerospace sector.
  • This is Zodiac Aerospace’s 1st transaction in the Netherlands.

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M&A Deal Summary

Date July 31, 2008
Target Driessen Aerospace Group NV
Sector Aerospace
Buyer(s) Zodiac Aerospace
Deal Type Add-on Acquisition

Target Company

Driessen Aerospace Group NV

Alkmaar, Netherlands
Driessen Aerospace Group NV is a company service the aviation industry were made with the production of catering equipment for KLM.
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Buyer Overview 1

Buyer

Zodiac Aerospace

Plaisir, France

Category Company
Founded 1896
Sector Aerospace
Revenue 4.9B USD (2015)
DESCRIPTION

Zodiac Aerospace is an aeronautical company engaged in the development of aerospace equipment and systems for commercial, regional, and business aircraft, as well as helicopters and space applications. Zodiac Aerospace was formed in 1896 and is based in Plaisir, France.


Deal Context for Buyer #
Overall 3 of 15
Sector: Aerospace 3 of 12
Type: Add-on Acquisition 3 of 13
Country: Netherlands 1 of 1
Year: 2008 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-18 C&D Zodiac

Huntington Beach, California, United States

C&D Zodiac, Inc. is a largest decorator of aircraft interiors.

Buy $600M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-30 Cantwell Cullen & Company

Oakville, Ontario, Canada

Cantwell Cullen & Company,is a manufacturer of wire harnesses, electrical assemblies and hydraulic hoses for aerospace, defense, and industrial applications.

Buy -