Aritex has been acquired by AVIC International Holding Corp
April 2016 — COMSA Corporación has sold Aritex to AVIC International Holding Corporation for US$124 million.
Aritex develops, manufactures and installs production and assembly lines for the main manufacturers worldwide in the aeronautics and automobile sectors. Established in 1961 as a supplier of industrial products for the automobile sector, Aritex diversified its activity to the aerospace sector in 2001. Over the years, it has become established as a leading international company in the main sectors in which it operates.
AVIC International Holding Corporation (AVIC International) is a Chinese global diversified holding business group affiliated to Aviation Industry Corporation of China (AVIC). AVIC International provides aviation manufacturing and operation services worldwide. The business covers aviation product export, international cooperation, subcontract production, technology introduction, and materials and equipment purchasing.
COMSA Corporación is the second largest unlisted Spanish group in the infrastructures and engineering sector. COMSA mainly operates in the fields of infrastructures and engineering, services and technology, and concessions and renewable energy.
Our role in the transaction
Oaklins' team in Spain acted as financial advisor to the seller in this transaction.
Talk to the deal team
Related deals
Electro Optic Systems Holdings has acquired the assets of MARSS Group
Electro Optic Systems Holdings Limited (ASX: EOS), an Australian defense and space technology company, has acquired the assets of MARSS Group, a Europe-based defense and security technology provider of AI-enabled command and control (C2) and sensor fusion systems for counter-drone applications. The acquisition combines EOS’ sensors and effectors with MARSS’ NiDAR C2 platform to create an integrated end-to-end counter-drone solution, positioning EOS to compete for larger and higher-value programs as a prime contractor across defense, homeland security and civil critical infrastructure markets. Consideration consists of an upfront cash payment of US$36 million plus contingent consideration of up to US$160 million payable over time, based on new MARSS contract orders secured during the earnout period.
Learn moreLauak Group has sold a majority stake to Wipro Infrastructure Engineering
After careful strategic reflection to secure the group’s future, Lauak Group’s shareholders have chosen an industrial partnership, in line with the ongoing consolidation trend in the market. Attracted by opportunities for innovation and international expansion, the Charritton family, founders and long-term shareholders, regard Wipro Infrastructure Engineering as a trusted industrial partner. The historical shareholders remain minority stakeholders, and the current CEO continues to lead Lauak.
Learn moreOSL has been acquired by Terma
OSL Group Limited, a leader in counter-drone security and safety systems, has been acquired by Terma AS, a Denmark-based global provider of mission-critical solutions for defense, aerospace and security.
Learn more