French industrial conglomerate Daher has announced the closing of its acquisition of fellow French enterprise Assistance Aéronautique et Aérospatiale (AAA). Both highly ranked in their individual fields of industrial services for civil and defense aerospace, the merger will see Daher become better able to respond to the sector's needs in the context of sharp increases in production rates.
AAA provides complementary solutions to those of Daher – such as the assembly and installation of aerostructures, systems and engines; flight line services; maintenance; as well as industrialisation and quality support. Daher is a long-standing and well-recognised player in cabin installation activities, as well as completion/outstanding work.
Daher's goal is to expand on what has made AAA successful for over 30 years by capitalising on its ability to train a highly qualified workforce, both for its own purposes and also for its customers. In the dual context of the aerospace industry's increased production rates and recruitment tensions, training/certification of talent is critical for safeguarding aircraft production.
With the acquisition of AAA, Daher automatically becomes the benchmark in industrial services for France, while also taking on a global leadership position, thus strengthening its presence in the aerospace value chain. Benefitting from its business model based on four highly complementary activities – aircraft manufacturing, manufacturing, manufacturing services, and logistics – the Group is capable of supporting its customers with end-to-end capabilities, not just in the aerospace industry concentration where the company is currently present, but in new regions of France and internationally.
The overall management of AAA is now entrusted to Daher's Cédric Eloy as the CEO, assisted by Deputy General Manager Sylvain Ruellé, who also is a Daher employee.
