Airbus Helicopters and ZF Friedrichshafen AG have signed an agreement regarding the acquisition of ZF Luftfahrttechnik GmbH by Airbus Helicopters as part of its strategy to strengthen its maintenance, repair, and overhaul (MRO) capabilities. This step is also a contribution to improving and maintaining the fleet availability of the programs covered by the ZF Luftfahrttechnik product portfolio.
ZF Luftfahrttechnik is currently an MRO service partner for the majority of the German Bundeswehr helicopter fleet. It has also delivered more than 10,000 gearboxes all over the world. It is a supplier of the H135 main gearbox, the tail gearbox of the Tiger helicopter, and has a share in the H145 program. In 2020, the company achieved revenues of € 85.3 million and employed 370 people. ZF Luftfahrttechnik is located in Kassel-Calden.
The acquisition has been approved by the relevant bodies of both companies. It remains subject to regulatory approvals, as well as other conditions usual in this type of transaction, which should be completed in 2021.
