Daher has signed an agreement to acquire France-headquartered aerospace manufacturing services company Assistance Aéronautique et Aérospatiale (AAA). This deal was announced today alongside the unveiling of Daher’s “Take off 2027” strategic plan, under which it plans to become a “large, profitable international company” in four complementary businesses: aircraft production, manufacturing, manufacturing services, and logistics. Subject to approvals, the acquisition is expected to be completed in May.
Outside of France, AAA has subsidiaries and holdings in Canada, the U.S., Germany, Qatar, China, and the Philippines. It provides “complete service solutions that are complementary to those of Daher, in particular for the assembly and installation of [aircraft] structures, systems, and engines, along with runway work, maintenance, industrialization, and quality,” according to Daher.
“The development of manufacturing services is an integral part of our new strategic plan and is perfectly aligned with our commitment to support our aeronautical customers in a context that remains complex,” said Daher CEO Didier Kayat.