Carlsquare advised General Aerospace on the acquisition of the automotive manufacturer AL-KO Actuation Systems
General Aerospace GmbH, a leading provider of high-tech components for commercial aviation, has acquired the “AL-KO Actuation Systems” division of AL-KO Fahrzeugtechnik, a venture of DexCo Global Inc. producing high quality automotive components and systems. With this strategic move, GA, the global leader in motion control systems for the international aviation and aerospace industry, will both gain strategically important development competencies and broaden its product portfolio of bowden cables. At the same time GA will enhance the manufacturing and assembly facilities for its innovative hydraulic and electromechanical technologies/solutions.
Samuele Piatti, Chief Executive Officer of General Aerospace, said: “The acquisition of AL-KO Actuation Systems is a milestone on GA’s path to becoming a system provider for aviation components. By combining the strengths of both companies – GA Actuation Systems’ large volume production capability and the innovative product design provided by General Aerospace – we will also become an important partner of the automotive industry.”
| Industry: | Tech |
| Assignment: | Buyside |
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