# StandardAero enters exclusive negotiations to acquire Vector Aerospace from Airbus

StandardAero and Airbus entered exclusive negotiations for StandardAero to acquire Vector Aerospace, a global MRO company with 22 locations and revenues of $704.8 million in 2016. The transaction is subject to approvals.

- Type: Acquisition
- Announced: 2017-07-05
- Where: France
- Jobs: 2,200
- Status: announced
- Products: maintenance, repair and overhaul services, turbine engines, components, aircraft
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Airbus](https://endata.com/companies/1653.md) (partner)
- [Airbus](https://endata.com/companies/1653.md) (target)
- [StandardAero](https://endata.com/companies/18163.md) (acquirer)
- [StandardAero Aviation Holdings](https://endata.com/companies/25385.md) (acquirer)
- [Vector Aerospace Holding SAS](https://endata.com/companies/25386.md) (target)

## Sources

- [avm-mag.com](https://avm-mag.com/standardaero-talks-airbus-vector-acquisition), 2017-07-05: "StandardAero Aviation Holdings (StandardAero) and Airbus have entered into exclusive negotiations with respect to an acquisition by StandardAero of Vector Aerospace Holding SAS (Vector) from Airbus."
- [standardaero.com](https://standardaero.com/standardaero-and-airbus-enter-into-exclusive-negotiations-for-the-acquisition-by-standardaero-of-vector-aerospace-holding-sas/), 2017-07-05: "StandardAero and Airbus today announced that they have entered into exclusive negotiations with respect to an acquisition by StandardAero of Vector Aerospace Holding SAS."

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