# Triumph Group sells Stuart aerostructures business to Daher Aerospace

Triumph Group announced a definitive agreement to sell its Stuart, Florida Aerostructures business to Daher Aerospace. 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) (partner)
- [Triumph Group](https://endata.com/companies/1817.md) (target)
- [Daher Aerospace](https://endata.com/companies/28525.md) (acquirer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/triumph-group-announces-the-sale-of-its-stuart-aerostructures-business-to-daher-aerospace-301473376.html), 2022-02-02: "Upon closing of the sale of the Stuart operation, Triumph will have exited its structures business and is moving forward as a leading, pure-play provider of systems and aftermarket services."
- [army-technology.com](https://www.army-technology.com/news/triumph-daher-stuart-aerostructures/), 2022-02-03: "This acquisition is perfectly aligned with Daher’s ‘Succeed Together’ strategic plan, including the goal of significantly developing our North American activities."
- [govconwire.com](https://www.govconwire.com/article/daher-aerospace-to-buy-triumph-groups-aerostructures-business), 2022-02-03: "Daher Aerospace has agreed to purchase Triumph Group’s (NYSE: TGI) metallic aerostructures production business located in Stuart, Florida, as the French aircraft manufacturer aims to grow its footprint in the North American market."
- [aerotechnews.com](https://www.aerotechnews.com/blog/2022/02/04/triumph-group-to-sell-aerostructures-business-to-daher-aerospace/), 2022-02-04: "Triumph Group has entered into a definitive agreement to sell its Aerostructures business, located in Stuart, Fla., to Daher Aerospace."

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