# Gardner Aerospace completes acquisition of Northern Aerospace

Gardner Aerospace Holdings, the British unit of Shaanxi Ligeance Mineral Resources, completed its purchase of Northern Aerospace for around $58 million after receiving CMA clearance.

- Type: Acquisition
- Announced: 2018-07-26
- Where: United Kingdom
- Value: $58.0M
- Status: completed
- Products: airplane components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Shaanxi Ligeance Mineral Resources](https://endata.com/companies/20089.md) (investor)
- [Gardner Aerospace](https://endata.com/companies/20091.md) (acquirer)
- [Northern Aerospace](https://endata.com/companies/32442.md) (target)

## Sources

- [caixinglobal.com](https://www.caixinglobal.com/2018-07-26/crash-reports-premature-as-chinese-purchase-of-british-airplane-parts-maker-takes-off-101308879.html), 2018-07-26: "Gardner Aerospace Holdings Ltd., the British unit of Chinese aerospace and mining firm Shaanxi Ligeance Mineral Resources Co. Ltd., confirmed it had completed the deal in a Tuesday posting on its website."
- [mtdcnc.com](https://mtdcnc.com/news/mtdcnc/airbus-strategic-supplier-gardner-aerospace-announces-acquisition-of-northern-aerospace/), 2018-07-29: "The coming together of these two companies creates a business with revenues in excess of USD300m and moves us nicely along our path to becoming a global top-five aerospace detailed parts manufacturing company by 2022."

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