Hogan Lovells advises on $128m aerospace sector acquisition of APPH
Hogan Lovells has advised Héroux-Devtek on the $128m (£78m) acquisition of APPH and APPH Wichita (together APPH), subsidiaries of BBA Aviation.
Héroux-Devtek is a Canadian manufacturer of aerospace products specialising in the design, development, manufacture and repair and overhaul of landing gear systems and components for the aerospace market.
It will acquire four plants from APPH, which specialises in the design, engineering, manufacturing and aftermarket support of landing gear and hydraulic systems and assemblies for fixed- and rotary-wing civil and military aircraft, both for original equipment manufacturer and aftermarket applications.
The plants, three located in the UK and one in Wichita, Kansas, have a combined workforce of approximately 400 employees, including a design engineering department staffed with 40 professionals. APPH’s main design programs include landing gear systems for the Hawk, SAAB Gripen, AW101, C27J Spartan and EC175 aircraft.
The Hogan Lovells team advising Héroux-Devtek was led by London corporate partner Richard Ufland, with senior associate Michael Stewart and partner Stephen Propst and associate Les Reese in Washington DC.
They were supported by intellectual property partner Mark Taylor and associate Matthew Sharkey, tax partner Philip Harle, insurance partner Helen Chapman and partner Paul Joukador and associate George Jenkins on export control matters (all in London) and by antitrust partner Joe Krauss, environmental partner Latane Montague, employment partner Carin Carithers and aviation attorneys Kathy Miljanic and Brian Curran (all in Washington).
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