Heroux-Devtek agrees to acquire Airbus unit CESA for EUR 140 million

Heroux-Devtek agreed to acquire Compania Espanola de Sistemas Aeronauticos (CESA), a Madrid-based Airbus subsidiary making landing gear, actuation and hydraulic systems, for an enterprise value of EUR 140 million.

“Heroux-Devtek Inc. (TSX: HRX) is pleased to announce an agreement to acquire Compania Espanola de Sistemas Aeronauticos, S.A. ("CESA"), a subsidiary of Airbus SE.”finanznachrichten.de

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• finanznachrichten.deHeroux-Devtek Announces Agreement to Acquire CESA, a Leading European Manufacturer of Landing Gear, Actuation and Hydraulic Systems / Strategic and accretive acquisition will significantly enhance Heroux-Devtek's reach in EuropeOct 2, 2017

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