# Hexcel and Woodward merge in $6.43 billion deal to form Woodward Hexcel

On January 12, 2024, Hexcel and Woodward announced a final agreement for a peer-to-peer merger of all shares, creating a new company called Woodward Hexcel. The transaction is valued at approximately $6.43 billion based on closing prices on January 10.

- Type: Acquisition
- Announced: 2024-01-12
- Where: Fort Collins, Colorado, United States
- Value: $6.43B
- Jobs: 16,000
- Status: announced
- Products: carbon fiber-reinforced composites, control systems, honeycomb cores, resins
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hexcel](https://endata.com/companies/15803.md)
- [Woodward](https://endata.com/companies/3124.md) (partner)

## Sources

- [haythink.com](https://www.haythink.com/hexcelthe-worlds-leading-manufacturer-of-carbon-fiber-reinforced-fabrics-prepregs-honeycomb-cores-resins-carbon-fiber-reinforced-composite-components-merged-with-woodward/), 2024-01-15: "The two companies will establish a new company, Woodward Hexcel, through a peer-to-peer merger of all shares."

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