Spirit AeroSystems to acquire Asco group for $650M

Spirit AeroSystems has signed a definitive agreement to acquire Asco Industries, a Belgian aerospace structures supplier, for $650 million in cash. The transaction is expected to close in the second half of 2018.

“Spirit AeroSystems Holdings, Inc. (NYSE: SPR) today announced a definitive agreement to acquire S.R.I.F. N.V., the parent company of Asco Industries, N.V. (Asco), for $650 million in cash.”investor.spiritaero.com

• 2 sources
• investor.spiritaero.comSpirit AeroSystems to Acquire EU-Based Supplier Asco Industries | Spirit AeroSystemsMay 2, 2018
• airframer.comSpirit AeroSystems acquires Asco group | AirframerMay 2, 2018

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