# Latecoere agrees to acquire Bombardier's EWIS business in Querétaro for $50 million

Latecoere entered into a definitive agreement to acquire Bombardier's electrical wiring interconnection system (EWIS) assets in Querétaro, Mexico, for $50 million in cash. The transaction is expected to close in the first half of 2020, and includes a long-term supply agreement.

- Type: Acquisition
- Announced: 2019-12-31
- Where: Querétaro, Mexico
- Value: $50.0M
- Jobs: 700
- Status: announced
- Products: electrical wiring interconnection systems
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Bombardier](https://endata.com/companies/2513.md) (partner)
- [Bombardier](https://endata.com/companies/2513.md) (target)
- [Latecoere](https://endata.com/companies/17396.md) (acquirer)

## Sources

- [latecoere.aero](https://www.latecoere.aero/en/acquisition-of-bombardiers-ewis-business/), 2019-12-31: "Latecoere will acquire Bombardier's electrical wiring interconnection system (EWIS) assets in Querétaro, Mexico."
- [globenewswire.com](https://www.globenewswire.com/news-release/2019/12/31/1965210/0/en/lat%c3%a9co%c3%a8re-enters-into-an-agreement-to-acquire-bombardier-s-electrical-wiring-interconnection-system-business-in-quer%c3%a9taro.html), 2019-12-31: "This acquisition reflects our willingness to emerge as a leading player in the global consolidation movement in the aeronautics sector."
- [aviationpros.com](https://www.aviationpros.com/aircraft-maintenance-technology/engines-parts/aircraft-airframe-accessories/electrical-systems/press-release/21119669/bombardier-aerospace-latecoere-enters-into-an-agreement-to-acquire-bombardiers-electrical-wiring-interconnection-system-business-in-queretaro), 2020-01-02: "Latécoère will acquire Bombardier's electrical wiring interconnection system (EWIS) assets in Querétaro, Mexico."

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