# AerCap acquires 50% stake in Shannon Engine Support

AerCap Holdings N.V. entered a 20-year joint venture agreement with Safran Aircraft Engines to acquire 50% of Shannon Engine Support, making SES a 50/50 joint company between AerCap and Safran.

- Type: Acquisition
- Announced: 2021-11-02
- Where: Ireland
- Status: announced
- Products: spare engines for CFM International
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Safran Aircraft Engines](https://endata.com/companies/3665.md) (partner)
- [AerCap](https://endata.com/companies/20782.md) (acquirer)
- [Shannon Engine Support](https://endata.com/companies/58500.md) (target)

## Sources

- [mccannfitzgerald.com](https://www.mccannfitzgerald.com/news/mccann-fitzgerald-llp-advises-aercap-in-connection-with-its-acquisition-of-50-percent-of-shannon-engine-support), 2021-11-02: "McCann FitzGerald LLP are pleased to have advised AerCap Holdings N.V. on a 20-year joint venture agreement with Safran Aircraft Engines regarding Shannon Engine Support."

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