# Spirit AeroSystems makes EU commitments to clear $650M Asco acquisition

Spirit AeroSystems Holdings Inc. made new commitments to the European Union to secure approval for its $650 million acquisition of airline parts supplier Asco, with final approval expected in spring 2019.

- Type: Acquisition
- Announced: 2019-02-28
- Where: Belgium
- Value: $650.0M
- Status: announced
- Products: airline parts
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [ASCO](https://endata.com/companies/926.md) (target)
- [ASCO Industries](https://endata.com/companies/15250.md) (target)
- [Spirit AeroSystems](https://endata.com/companies/16652.md) (acquirer)

## Sources

- [law360.com](https://www.law360.com/articles/1133837/spirit-aero-makes-eu-commitments-to-clear-650m-asco-deal), 2019-03-01: "Spirit AeroSystems Holdings Inc. has made new commitments to the EU to help ensure its $650 million buyout of airline parts supplier Asco gets off the ground"
- [clearyantitrustwatch.com](https://www.clearyantitrustwatch.com/2019/03/the-commission-approves-the-acquisitions-of-asco-by-spirit-subject-to-commitments-addressing-coordinated-effects-concerns/), 2019-03-20: "The Commission cleared Spirit's acquisition of Asco, both being active in the supply of aircraft components."
- [poandpo.com](https://www.poandpo.com/companies/ec-approves-acquisition-of-asco-by-spirit-subject-to-conditions-2132019874/), 2019-03-21: "The European Commission has approved, under the EU Merger Regulation, the acquisition of Asco by Spirit."
- [airport-technology.com](https://www.airport-technology.com/news/ec-gives-conditional-clearance-for-spirits-acquisition-of-asco/), 2019-03-21: "Spirit off..."
- [aviation24.be](https://www.aviation24.be/oem/asco-industries/european-commission-approves-the-acquisition-of-asco-by-spirit-subject-to-conditions/), 2019-03-22: "The European Commission has approved, under the EU Merger Regulation, the acquisition of Asco Industries by Spirit Aerosystems."
- [transportwatch.eu](https://www.transportwatch.eu/en/the-commission-approves-the-acquisition-of-asco-by-spirit-subject-to-conditions/), 2019-03-25: "the European Commission approved the acquisition of the whole of Asco Industries N.V."

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