Bombardier and Mitsubishi Heavy Industries have announced that the companies have entered into an agreement under which Bombardier will acquire the assets of MHI Canada Aerospace, Inc. (MHICA), located in Mississauga, Ontario.
The transaction, subject to regulatory approvals and customary closing conditions, is expected to close later this year, with Bombardier adding MHICA’s aerostructure manufacturing capabilities and its expert team of approximately 750 employees to support its aircraft programmes. Bombardier says the transaction further strengthens its in-house aerostructures capabilities, resilience and autonomy.
“This agreement represents a key step in Bombardier’s long-term growth strategy, strengthening critical capabilities, enhancing operational resilience and supporting the company’s flexibility to meet growing customer demand,” said David Murray, Executive Vice President, Manufacturing, Supply Chain Execution and Bombardier Operational Excellence (BOE) System, Bombardier.
“MHI Canada Aerospace has built a highly respected operation with a talented and experienced team. With this acquisition, we are deepening our core manufacturing expertise as well as our commitment to proactively develop the local workforce through multiple streams in component manufacturing and whole aircraft assembly.”
“We are proud of what our employees have achieved at MHICA and of the important contributions they have made and will continue to make to these aircraft programmes,” said Hiroyuki Koguchi, Executive Vice President, Head of Commercial Aviation Systems at MHI.
“Together, we have built one of Canada’s aerostructures manufacturers, and this agreement ensures a bright future for our employees, whose skill, dedication and expertise have been central to MHICA’s success.”
“This transaction is fully aligned with Bombardier’s disciplined approach to investing in strategic capabilities that support our long-term priorities. It strengthens our manufacturing footprint, reinforces our supply chain and enhances our ability to meet sustained demand for our aircraft portfolio,” added Sandra Hodgkinson, Senior Vice President, Strategy and M&A, Bombardier. “This transaction is a win-win for both companies as well as for the MHICA employees who join the Bombardier family and will continue to grow the local aerospace industry.”
