# Wanfeng Aviation acquires 60% stake in Diamond Aircraft Industries

Canada-based Wanfeng Aviation, part of China's Wanfeng group, acquired a 60% interest in Diamond Aircraft Industries. The investment will fund expanded production, sales and service globally.

- Type: Acquisition
- Announced: 2017-01-25
- Where: Canada
- Status: announced
- Products: aircraft
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Wanfeng Aviation](https://endata.com/companies/21704.md) (acquirer)
- [Diamond Aircraft Industries](https://endata.com/companies/21705.md) (target)

## Sources

- [aviationweek.com](https://aviationweek.com/business-aviation/wanfeng-aviation-acquires-60-diamond-aircraft), 2017-01-25: "Canada-based Wanfeng Aviation, part of China's Wanfeng group of companies, has acquired a 60% interest in Diamond Aircraft Industries."

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