Aerospace & Defense Add-on Acquisitions in 2015
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October 9, 2015
- Buyer
- Aero 3, Inc., AeroRepair Corp.
- Target
- Avianor Wheel & Brake Division (Avianor, Inc.)
- Seller
- Avianor, Inc., Sylvain Savard
- Industry
- Aerospace & Defense
- Location
- Quebec, Canada
- Type
- Addon
Aero 3, Inc., together with its wholly owned subsidiary AeroRepair Corp., acquired the Wheel & Brake Division of Avianor, Inc., expanding Aero 3's MRO footprint into Canada. The acquisition adds Montreal and Calgary facilities, increases capacity and broadens AeroRepair's capability to service Boeing and Airbus narrow- and wide-body aircraft as part of an add-on growth strategy.
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July 28, 2015
- Buyer
- Liberty Hall Capital Partners, Accurus Aerospace Corporation
- Target
- LaCroix Industries Inc.
- Seller
- Philip LaCroix, Bernard LaCroix
- Industry
- Aerospace & Defense
- Location
- Washington, United States
- Type
- Addon
Liberty Hall Capital Partners has acquired LaCroix Industries Inc., a Kent, Washington-based Tier II supplier of formed and machined aerospace parts, and will integrate the business into its Accurus Aerospace platform. The add-on expands Accurus's sheet-metal forming and complementary machining capabilities, strengthens relationships with Boeing, and extends Accurus's geographic footprint into the Pacific Northwest.
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