# ASDAM acquires TAE Aerospace and RUAG Australia

ASDAM announced the acquisitions of TAE Aerospace and RUAG Australia, adding them to the ASDAM Group alongside Marand and Levett. The combined group has about 1,000 employees across 20 locations in Australia and the United States.

- Type: Acquisition
- Announced: 2022-09-01
- Where: Australia
- Status: completed
- Products: engineering, advanced manufacturing, sustainment services
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [ASDAM](https://endata.com/companies/43100.md) (acquirer)
- [CPE Capital](https://endata.com/companies/43102.md) (investor)
- [TAE Aerospace](https://endata.com/companies/65093.md) (target)
- [RUAG Australia](https://endata.com/companies/65094.md) (target)
- [Marand](https://endata.com/companies/65095.md) (partner)
- [Levett](https://endata.com/companies/65096.md) (partner)

## Sources

- [taeaerospace.com](https://www.taeaerospace.com/leading-sovereign-defence-advanced-manufacturing-and-sustainment-company-asdam-acquires-tae-aerospace/), 2022-09-02: "Their combination within ASDAM creates a leading Australian engineering and sustainment partner across aerospace and defence programs."

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