# Spirit AeroSystems faces delays in Asco Industries and Bombardier acquisitions

Spirit AeroSystems is experiencing delays in completing its acquisitions of Asco Industries (USD 420 million) and three Bombardier aerostructure facilities (nearly USD 1.1 billion). The deadlines are October 1 and October 31, 2020, respectively.

- Type: Acquisition
- Announced: 2020-08-27
- Value: $1.52B
- Status: announced
- Products: aerostructures, aircraft parts
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Bombardier](https://endata.com/companies/2513.md) (target)
- [ASCO Industries](https://endata.com/companies/15250.md) (target)
- [Spirit AeroSystems](https://endata.com/companies/16652.md) (acquirer)

## Sources

- [janes.com](https://www.janes.com/osint-insights/defence-news/spirit-aerosystems-faces-delays-in-two-acquisitions), 2020-08-27: "Spirit, which had expected to close its acquisition of Belgium-based aircraft parts maker Asco Industries by April, is 'still working to meet the conditions of the European Commission on that deal'."

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