April 14, 2020 | International, Aerospace
Leonardo: Kopter acquisition completed
Rome, April 8, 2020 - Leonardo announced today the closing of the acquisition of Kopter Group AG (Kopter) from Lynwood (Schweiz). The purchase price, on a cash and debt free basis, consists of a $185 million fixed component plus an earn-out mechanism linked to certain milestones over the life of the programme, starting from 2022. The acquisition of Kopter allows Leonardo to further strengthen its worldwide leadership and position in the rotorcraft sector, in line with the Industrial Plan's objectives for the reinforcement of the core businesses. View source version on Leonardo : https://www.leonardocompany.com/en/press-release-detail/-/detail/08-04-2020-leonardo-kopter-acquisition-completed?f=%2Fhome