# Spirit AeroSystems divests from Haeco Spirit joint venture in China

Spirit AeroSystems has divested its stake in Haeco Spirit AeroSystems (JinJiang) Co. Ltd, a joint venture with The Haeco Group specializing in composite MRO. The Haeco Group will acquire Spirit's shares and rename the company Haeco Composite Structures (JinJiang) Co. Ltd.

- Type: Acquisition
- Announced: 2018-04-10
- Where: JinJiang, China
- Status: completed
- Products: composite components MRO
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Spirit AeroSystems](https://endata.com/companies/16652.md)
- [The Haeco Group](https://endata.com/companies/31245.md) (acquirer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/spirit-aerosystems-exits-mro-joint-venture-in-china-300626779.html), 2018-04-10: "While the joint venture has been beneficial to both parties for almost a decade, Spirit's MRO strategies for the future dictate that the company divests from the joint venture and the companies operate independently."

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