# LMI Aerospace shareholders approve acquisition by Sonaca Group

LMI Aerospace Inc. shareholders approved the merger agreement for Sonaca Group's acquisition of LMI for $14 per share in cash. The transaction is expected to close by the end of June 2017.

- Type: Acquisition
- Announced: 2017-06-08
- Where: St. Louis, United States
- Value: $191.6M
- Status: announced
- Products: aerospace components
- 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

- [aviator.aero](https://aviator.aero/press/lmi-aerospace-shareholders-approve-merger-agreement-for-acquisition-by-sonaca-group), 2017-06-08: "Shareholder approval is an essential milestone toward closing this transaction."
- [einpresswire.com](https://www.einpresswire.com/article/385753928/lmi-aerospace-shareholders-approve-merger-agreement-for-acquisition-by-sonaca-group), 2017-06-08: "With the strong support our shareholders gave today, we are one step closer to building a bright future together with the Sonaca Group."
- [globenewswire.com](https://www.globenewswire.com/news-release/2017/06/27/1029649/9610/en/LMI-Aerospace-and-Sonaca-Group-Close-on-Sonaca-s-Acquisition-of-LMI.html), 2017-06-27: "LMI Aerospace and the Sonaca Group have closed on Sonaca’s acquisition of LMI, creating a global leader in the design and manufacture of complex aerostructures."
- [tradepractitioner.com](https://www.tradepractitioner.com/2018/06/sonaca-lmi-aerospace/), 2018-06-06: "the total aggregate consideration payable in the transaction was approximately $191.6 million, excluding debt to be repaid in connection with the Merger."

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