Latécoère Acquires Avcorp Industries Inc.

May 5, 2022

Latécoère has agreed to acquire all outstanding common shares of Avcorp Industries Inc. for approximately CAD$41 million, strengthening its Aerostructures business by adding wing sub-assemblies, large-scale composite capabilities and North American manufacturing footprint. The acquisition increases Latécoère's exposure to North American defence and commercial aircraft platforms (including the B737 Max and F-35) and is expected to close in 2022 subject to customary approvals.

Buyers
Latécoère
Targets
Avcorp Industries Inc.
Location
British Columbia, Canada
Transaction Type
Buyout

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