# Daher to acquire Triumph Group's Stuart aerostructures business

Daher announced a definitive agreement to acquire the metallic aerostructures production and assembly business of Triumph Group located in Stuart, Florida. The business has approximately 400 employees and specializes in large metallic structures.

- Type: Acquisition
- Announced: 2022-02-02
- Where: Stuart, Florida, United States
- Jobs: 400
- Status: announced
- Products: metallic aerostructures, wing assemblies, fuselage assemblies
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Triumph Group](https://endata.com/companies/1817.md) (target)
- [Daher Group](https://endata.com/companies/12017.md) (acquirer)

## Sources

- [daher.com](https://www.daher.com/en/daher-announces-the-acquisition-of-the-stuart-aerostructures-business-from-triumph-group-strengthening-its-position-in-the-north-american-market/), 2022-02-02: "This acquisition is perfectly aligned with Daher’s ‘Succeed Together’ strategic plan, including the goal of significantly developing our North American activities across all of the company’s divisions."
- [ainonline.com](https://www.ainonline.com/aviation-news/business-aviation/2022-02-03/daher-acquire-triumphs-florida-aerostructures-plant), 2022-02-03: "Daher has inked an agreement to acquire Triumph Group’s metallic aerostructures production and assembly business in Stuart, Florida, for an undisclosed amount."

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