makes reference to an EADS (Airbus) bid for Satair, a Danish parts supplier. This comes on the back of the acquisition of Vector Aerospace.
Quote: Further to the recent acquisition of Vector Aerospace, EADS is actively pursuing and delivering its growth service strategy through internal and external growth. Satair is a first step towards a one stop shop integrated offering in the material management activity, which is an essential part of EADS' and Airbus' services growth strategy to fulfil our Vision 2020".
Sounds like EADS are using some of their cash to drive significant growth in their aftermarket services and support capabilities.
Which sounds like a very sensible growth into a market sector with good adjacency to Airbus's core aircraft manufacturing.
Just thought it was worth bringing to the forum's attention.
MillwallSean From Singapore, joined Apr 2008, 1332 posts, RR: 6
Reply 4, posted (3 years 7 months 1 week 3 days ago) and read 1196 times:
Add on that one day before Satair they bought, subject to regulatory approval, Metron Aviation of the US.
They work in a different field than Satair and vector. They focus on the next generation ATM, ATM systems and integration into airlines, airspace management and environmental routeplanning. This purchase comes after Airbus launched its own ProSky.
Good bolt on acquisitions that clearly shows what Airbus is adding to its offerings and where it sees room for development and increased profitability.
Metron seems to be an offshoot of FAA by the way. Alot of staff comes from there.