# Sonaca to acquire LMI Aerospace for $14 per share

LMI Aerospace has entered into a merger agreement with Sonaca S.A. for $14 per share in an all-cash transaction, a 63% premium. The acquisition is subject to CFIUS clearance.

- Type: Acquisition
- Announced: 2017-02-16
- Where: St. Louis, United States
- Value: $432.0M
- Status: announced
- Products: structural assemblies, kits, components, engineering services
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Sonaca S.A.](https://endata.com/companies/22276.md) (acquirer)
- [LMI Aerospace](https://endata.com/companies/22277.md) (target)

## Sources

- [natlawreview.com](https://natlawreview.com/article/upcomingnew-cfius-filing-sonaca-sa-and-lmi-aerospace), 2017-02-17: "LMI Aerospace, Inc., a St. Louis based global supplier of structural assemblies, kits and components and provider of engineering services to the commercial, business and regional and military aerospace markets, announced that it has entered into a merger agreement with Sonaca S.A."
- [globenewswire.com](https://www.globenewswire.com/news-release/2017/02/17/918328/9610/en/LMI-Aerospace-Enters-into-Merger-Agreement-to-be-Acquired-by-Sonaca-Group.html), 2017-02-17: "This deal brings our combined company to the forefront as a leader in the design and manufacture of complex aerostructures while working to diversify our global customer base."
- [globenewswire.com](https://www.globenewswire.com/news-release/2017/02/17/918328/0/en/LMI-Aerospace-Enters-into-Merger-Agreement-to-be-Acquired-by-Sonaca-Group.html), 2017-02-17: "This deal brings our combined company to the forefront as a leader in the design and manufacture of complex aerostructures while working to diversify our global customer base."
- [rttnews.com](https://www.rttnews.com/2745559/lmi-aerospace-cuts-fy16-view-to-be-bought-by-belgian-aerostructures-firm-sonaca.aspx), 2017-02-17: "LMI Aerospace said it has entered into a merger agreement to be acquired by Belgium-based aerostructures company Sonaca Group."
- [aviationweek.com](https://aviationweek.com/business-aviation/belgiums-sonaca-group-acquire-lmi-aerospace), 2017-02-17: "LMI Aerospace has entered an agreement to be acquired by the Sonaca Group, an aerostructures company based in Gosselies, Belgium."
- [thefabricator.com](https://www.thefabricator.com/thefabricator/news/shopmanagement/lmi-aerospace-to-be-acquired-by-sonaca-group), 2017-02-20: "LMI Aerospace Inc., a supplier of structural assemblies, kits, and components and provider of engineering services, has entered into a merger agreement to be acquired by Sonaca Group."
- [accessnewswire.com](https://www.accessnewswire.com/newsroom/en/banking-and-financial-services/blog-coverage-lmi-aerospace-inked-a-merger-agreement-with-sonaca-grou-455609), 2017-02-21: "LMI Aerospace Inc. announced on February 16, 2017, that it has entered into a merger agreement to be acquired by Sonaca S.A."
- [savannahnow.com](https://www.savannahnow.com/story/news/2017/02/22/lmi-aerospace-merges-sonaca-group-no-change-expected-company-s-savannah-presence/13895248007/), 2017-02-22: "This deal brings our combined company to the forefront as a leader in the design and manufacture of complex aerostructures while working to diversify our global customer base."
- [savannahnow.com](https://www.savannahnow.com/story/business/2017/02/22/lmi-aerospace-merges-sonaca-group-no-change-expected-company-s-savannah-presence/13970301007/), 2017-02-22: "This deal brings our combined company to the forefront as a leader in the design and manufacture of complex aerostructures while working to diversify our global customer base."
- [eu.savannahnow.com](https://eu.savannahnow.com/story/business/2017/02/22/lmi-aerospace-merges-sonaca-group-no-change-expected-company-s-savannah-presence/13970301007/), 2017-02-22: "This deal brings our combined company to the forefront as a leader in the design and manufacture of complex aerostructures while working to diversify our global customer base."
- [focusonbelgium.be](https://focusonbelgium.be/en/business/sonaca-take-over-american-company-lmi-aerospace), 2017-02-24: "The takeover will give Sonaca access to the American market, and in particular to Boeing."
- [mexico-now.com](https://mexico-now.com/lmi-aerospace-inked-a-merger-agreement-with-sonaca-group/), 2017-03-08: "This deal brings our combined company to the forefront as a leader in the design and manufacture of complex aerostructures while working to diversify our global customer base."

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