# Latécoère completes acquisition of Avcorp Industries

Latécoère S.A., through its subsidiary Albatross Bidco Inc., completed the acquisition of all outstanding shares of Avcorp Industries Inc. for $0.11 per share, taking the company private.

- Type: Acquisition
- Announced: 2022-11-07
- Where: Delta, British Columbia, Canada, Canada
- Status: completed
- Products: airframe structures
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Latecoere](https://endata.com/companies/17396.md) (acquirer)
- [Avcorp Industries](https://endata.com/companies/20018.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/avcorp-completes-plan-of-arrangement-with-latecoere-s-a--833501087.html), 2022-11-07: "Avcorp Industries Inc. is pleased to announce the successful completion of the previously announced plan of arrangement between Avcorp and Albatross Bidco Inc., a wholly-owned subsidiary of Latécoère S.A."
- [prnewswire.com](https://www.prnewswire.com/news-releases/avcorp-completes-plan-of-arrangement-with-latecoere-sa-301670842.html), 2022-11-07: "Avcorp Industries Inc. is pleased to announce the successful completion of the previously announced plan of arrangement between Avcorp and Albatross Bidco Inc., a wholly-owned subsidiary of Latécoère S.A."
- [goodmans.ca](https://www.goodmans.ca/expertise/case/lat%C3%A9co%C3%A8re-acquires-avcorp-industries-inc), 2022-11-08: "The acquisition of Avcorp strengthens the Latécoère Group's Aerostructures business through the access to key aircraft platforms (B737 Max and F-35), an expanded product portfolio including wing sub-assemblies, and the production capabilities for large-scale composite parts."
- [businesswire.com](https://www.businesswire.com/news/home/20221107006237/en/Latecoere-Completes-the-Acquisition-of-Avcorp), 2022-11-08: "The acquisition of Avcorp strengthens the Group's Aerostructures business through the access to key aircraft platforms (B737 Max and F-35), an expanded product portfolio including wing sub-assemblies, and the production capabilities for large scale composite parts."

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