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Shaanxi Ligeance Mineral Resources £326 million acquisition of Gardner Aerospace

28/6/2017
Private acquisition
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£ 326 million

$ 422 million

Announced

28/6/2017

Overview:

  • Shaanxi Ligeance Mineral Resources (SLMR), a Chinese industrial group, has acquired Gardner Aerospace for £326 million.
  • Gardner Aerospace is a UK aerospace components manufacturer and one of Airbus' main suppliers.
  • SLMR was primarily focused on the mining sector, but it has recently established a division for aerospace manufacturing.

Katrin Kostadinova - Data analyst

Jurisdictions:

France
United Kingdom

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

France

Industry sector:

Aviation

Firm:
Watson Farley & Williams

Party: Gardner Aerospace Holdings (Seller)

Lawyer: Pascal Roux

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