# Airbus to acquire majority stake in C Series partnership effective July 1, 2018

Airbus SE, Bombardier Inc. and Investissement Québec have agreed to close the C Series transaction effective July 1, 2018, with Airbus acquiring a majority stake in the C Series Aircraft Limited Partnership. All regulatory approvals have been obtained.

- Type: Acquisition
- Announced: 2018-06-08
- Where: Mirabel, Québec, Canada
- Jobs: 2,200
- Status: announced
- Products: C Series jet aircraft (100-150 seat)
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Investissement Québec](https://endata.com/companies/1515.md) (investor)
- [Investissement Québec](https://endata.com/companies/1515.md) (partner)
- [Investissement Québec](https://endata.com/companies/1515.md) (target)
- [Airbus](https://endata.com/companies/1653.md) (acquirer)
- [Bombardier](https://endata.com/companies/2513.md) (target)

## Sources

- [einpresswire.com](https://www.einpresswire.com/article/450638845/airbus-bombardier-and-investissement-qu-bec-agree-c-series-partnership-closing-effective-july-1-2018), 2018-06-08: "Having received all required regulatory approvals, Airbus SE, Bombardier Inc. and Investissement Québec have agreed to close the C Series transaction effective on July 1, 2018."
- [newswire.ca](https://www.newswire.ca/fr/news-releases/statement---minister-bains-approves-airbusbombardier-strategic-partnership-684938001.html), 2018-06-08: "Airbus has committed to maintaining Mirabel as the primary industrial site for the C Series program, while prioritizing Mirabel for future growth investments."
- [key.aero](https://www.key.aero/article/airbus-closes-c-series-acquisition), 2018-07-11: "The strength of the entire Airbus organisation will be behind the C Series."
- [dsm.forecastinternational.com](https://dsm.forecastinternational.com/2019/08/19/a-new-bombardier-aviation-is-formed-as-it-exits-commercial-aerospace/), 2019-08-19: "This effort, begun in late 2017, became official in July 2018 when Airbus assumed a 50.01 percent controlling stake in the program."

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