M&A Deal Summary

Woodward Acquires Duarte Business

On December 27, 2012, Woodward acquired aerospace company Duarte Business from GE Aviation Systems for 200M USD

Acquisition Highlights
  • This is Woodward’s 3rd transaction in the Aerospace sector.
  • This is Woodward’s 4th largest (disclosed) transaction.
  • This is Woodward’s 5th transaction in the United States.
  • This is Woodward’s 1st transaction in California.

M&A Deal Summary

Date 2012-12-27
Target Duarte Business
Sector Aerospace
Buyer(s) Woodward
Sellers(s) GE Aviation Systems
Deal Type Divestiture
Deal Value 200M USD

Target

Duarte Business

Duarte, California, United States
Duarte Business is a producer of hydraulic thrust reverser actuation systems business located in Duarte, California.

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Buyer(S) 1

Buyer

Woodward

Fort Collins, Colorado, United States

website


Category Company
Founded 1870
Sector Test/Measurement Equipment
Employees7,248
Revenue 2.4B USD (2022)
DESCRIPTION
Entrance to Woodward's corporate headquarters in Fort Collins, Colorado.
Entrance to Woodward's corporate headquarters in Fort Collins, Colorado.

Woodward is a designer, manufacturer, and service provider of energy control and optimization solutions. Woodward designs, produces and services reliable, efficient, low-emission, and high-performance energy control products for diverse applications in challenging environments. The Company has production and assembly facilities in the US, Europe and Asia, and promotes its products and services globally. Woodward was founded in 1870 and is based in Fort Collins, Colorado.


DEAL STATS #
Overall 7 of 8
Sector (Aerospace) 3 of 3
Type (Divestiture) 3 of 4
State (California) 1 of 1
Country (United States) 5 of 5
Year (2012) 1 of 1
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-22 Integral Drive Systems AG

Zurich, Switzerland

Integral Drive Systems AG, is a provider of power electronic systems predominantly used in utility-scale wind turbines and photovoltaic plants. Additionally, IDS offers key products in power distribution, marine propulsion systems and specialized solutions.

Buy $36M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-09 L’Orange

Stuttgart, Germany

L’Orange GmbH is a provider of fuel injection systems for industrial diesel, heavy fuel oil and dual-fuel engines. L’Orange was founded in 1933 and is based in Stuttgart, Germany.

Buy €700M

Seller(S) 1

SELLER

GE Aviation Systems

Evendale, Ohio, United States

website


Category Company
Sector Aerospace
DESCRIPTION

GE Aviation is a provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft.


DEAL STATS #
Overall 2 of 4
Sector (Aerospace) 2 of 3
Type (Divestiture) 2 of 4
State (California) 1 of 1
Country (United States) 2 of 4
Year (2012) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-21 Avio Aviation Business

Turin, Italy

Avio's Aviation Business designs, manufactures and services components for commercial and military jet engines.

Buy €3.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-30 Hydraulic Actuation Business - GE Aviation

United States

Hydraulic Actuation Business,is a technology in actuation systems and does extensive business with Boeing, Airbus and other major airframers. Key product offerings include complete landing gear actuation systems, door actuation, nose-wheel steering, hydraulic fuses, manifolds, flight control actuation and locking mechanisms for the commercial, military and business jet markets.

Sell $70M