May 5, 2022ACQUISITIONVancouver, BC, Canada Latécoère acquires Avcorp for $139 million
Latécoère S.A. acquired Avcorp Industries Inc. for $139 million via a court-approved plan of arrangement. Avcorp, an aerostructures supplier with over 450 employees, produces components for aircraft like the F-35 and B737 Max.
Productsaerostructures
“The acquisition of Avcorp is part of Latecoere’s 2025 roadmap to achieve profitable growth as an active consolidator of the aeronautics industry.”latecoere.aero
- 4 sources
- latecoere.aeroLatecoere to increase its exposure to North American defence and commercial aircraft segments through acquisition of Avcorp - LatecoereBertrand LamarqueMay 5, 2022
- canadianlawyermag.comLatécoère acquires Avcorp for $139 million | Canadian LawyerMay 5, 2022
- prnewswire.comAvcorp announces execution of Arrangement AgreementAvcorp Industries Inc.May 5, 2022
- electroniques.bizAéronautique : Latécoère se renforce en Amérique du Nord avec le rachat du Canadien Avcorp - ElectroniquesArnaud PavlikJun 15, 2022
Summarized from public sources; check the original articles before acting on it.
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