Satair A/S on its takeover by Airbus

Steen Associates acted as the sole financial adviser to the Board of Satair A/S on a structured process which resulted in a voluntary takeover offer from Airbus for Satair, at 580 DKK per share. Satair is a strategically important asset given trends towards service-based contracts and consolidation within the aerospace supply chain, as confirmed by this attractive offer from a major player in the global aerospace industry.