Home LATEST NEWSBUSINESS AVIATION Daher completes its acquisition of the Stuart, Florida aerostructures production facility

Daher completes its acquisition of the Stuart, Florida aerostructures production facility

by Editor
Daher completes its acquisition of the Stuart, Florida aerostructures production facility

Daher has marked a major expansion of its U.S. industrial presence by acquiring the metallic and composite aerostructures assembly facility in Stuart, Florida, reinforcing the company’s position as a Tier 1 supplier for aircraft manufacturers in North America and beyond.

 The completion of this acquisition from TRIUMPH was announced, bringing Stuart’s approximately 400 employees into Daher’s Industry Division – which already is a major supplier of complex aerostructures for leading airframers.

“With the Stuart facility, Daher has reached a critical size that is essential in the aerostructures business, while also marking an important expansion of our overall industrial footprint in North America,” explained Didier Kayat, the Chief Executive Officer of Daher. “This represents a crucial element in Daher’s long-term strategic plan, and further strengthens our ability to meet supply chain demands as the aviation sector continues its rebound.”

Stuart is recognized for its capabilities in the assembly of large, complex metallic and composite aerostructures – such as wing and fuselage assemblies. This complements Daher’s well-established competence as a designer, manufacturer, installer and repairer of aerostructures that incorporate various materials, including thermoplastic composites and other leading-edge materials.

“As a family-owned company, our core strengths are built on a long-term vision and a corporate social responsibility policy that values our employees,” explained Patrick Daher, the Chairman of Daher’s Board of Directors. “We are fully committed to the Stuart facility’s future, and look forward to its role in serving our customer base as Daher shapes the aviation supply chain of today and tomorrow.”

 

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