Airbus Helicopters finalized its acquisition of ZF Luftfahrttechnik, an MRO provider and manufacturer of helicopter components in Germany. Following the completion of the deal, announced in June 2021, the company will operate as a wholly owned subsidiary under the name Airbus Helicopters Technik.
ZF Luftfahrttechnik has delivered more than 10,000 gearboxes and is a supplier of the Airbus H135 main gearbox. The company is also a major MRO for the German armed forces. It had revenues of €94 million ($98.9 million) in 2021 and employs 450 people.
“With this new entity, we will be able to improve our service offering for our customers, including key partners like the German Bundeswehr, thus addressing their MRO needs faster with an increased level of integration,” said Airbus Helicopters executive v-p of customer support and services Christoph Zammert. “Incorporating this new entity into the Airbus family opens up new opportunities in a very dynamic market.”