Spirit AeroSystems to acquire Asco Industries for $650M

Spirit AeroSystems will acquire S.R.I.F. N.V., parent of Asco Industries, for $650 million in cash. Asco supplies high lift wing structures and mechanical assemblies to commercial and military aerospace OEMs, employing 1,400 people across four sites.

“Asco is a compelling fit for Spirit that aligns extremely well with the strategic priorities we have been communicating.”aerospaceglobalnews.com

• 3 sources
• aerospaceglobalnews.comSpirit AeroSystems to acquire Asco Industries - AGNAGN EditorialMay 2, 2018
• prnewswire.comSpirit AeroSystems to Acquire EU-Based Supplier Asco IndustriesSpirit AeroSystemsMay 2, 2018
• newswire.caSpirit AeroSystems to Acquire EU-Based Supplier Asco IndustriesSpirit AeroSystemsMay 2, 2018

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