# 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.

- Type: Acquisition
- Announced: 2017-10-02
- Where: Madrid, Spain
- Value: $167.0M (140.0M EUR)
- Status: announced
- Products: landing gear, actuation systems, hydraulic systems
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Airbus](https://endata.com/companies/1653.md) (partner)
- [Heroux-Devtek](https://endata.com/companies/2158.md) (acquirer)
- [CESA](https://endata.com/companies/2159.md) (target)

## Sources

- [finanznachrichten.de](https://www.finanznachrichten.de/nachrichten-2017-10/41856002-heroux-devtek-announces-agreement-to-acquire-cesa-a-leading-european-manufacturer-of-landing-gear-actuation-and-hydraulic-systems-strategic-and-ac-256.htm), 2017-10-02: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.