# Ligeance Investments acquires Gardner Aerospace for £326M

Chinese aerospace and mining group Ligeance Investments, a subsidiary of Shaanxi Ligeance Mineral Resources, acquired UK-based Gardner Aerospace Holdings Ltd for £326 million ($420.5 million). Gardner Aerospace is a supplier to Rolls-Royce and Airbus.

- Type: Acquisition
- Announced: 2017-06-01
- Where: United Kingdom
- Value: $420.5M (326.0M GBP)
- Status: completed
- Products: aircraft components, leading edge of wings
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Shaanxi Ligeance Mineral Resources](https://endata.com/companies/20089.md) (partner)
- [Gardner Aerospace](https://endata.com/companies/20091.md) (target)
- [Ligeance Investments](https://endata.com/companies/26728.md) (acquirer)

## Sources

- [chinadaily.com.cn](http://www.chinadaily.com.cn/a/201709/05/WS59bca092a310ded8ac1917ee.html), 2017-09-04: "In June, Chinese aerospace and mining group Ligeance Investments, a subsidiary of Shaanxi Ligeance Mineral Resources, acquired the United Kingdom-based Gardner Aerospace Holdings Ltd."

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