Aerospace
Satair A/S on its takeover by Airbus
Background
Steen Associates acted as sole financial adviser to the Board of Satair A/S on a structured strategic process evaluating the company’s long-term positioning within the evolving aerospace supply chain.
About the transaction
The process resulted in a voluntary takeover offer from Airbus for Satair at a price of 580 DKK per share. The offer reflects the strategic value of Satair and provides shareholders with an attractive outcome, supported by a rigorous and well-managed advisory process led by Steen Associates.
About the client
Satair A/S is a strategically important player in the aerospace supply chain, benefiting from industry trends toward consolidation and service-based contracting models. Its capabilities and market position made it a highly attractive asset for a major global aerospace group seeking to strengthen its aftermarket and supply chain services offering.
Date:
October 2011
Service:
Buy side
Size:
$504m
Deal locations:
