Leonardo Acquires Swiss Helicopter Maker, Kopter For $185M

  • Our Bureau
  • 05:13 PM, April 8, 2020
  • 3084
Leonardo Acquires Swiss Helicopter Maker, Kopter For $185M

Leonardo announced today the acquisition of Switzerland- based Kopter Group AG, the manufacturer of SH09, a new single engine helicopter.

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 starting from 2022.

Primarily based in Switzerland, Kopter has been operating since 2009, originally designated Marenco Swiss Helicopter and later rebranded as Kopter Group AG in 2018. The SH09 combines the latest available technologies and safety features, providing excellent performance at affordable cost for a variety of applications.

The Kopter’s SH09 single engine helicopter is a perfect fit for Leonardo’s product range offering opportunities for future technological developments.

The Swiss company’s complementary competencies will boost future developments towards more disruptive technologies, mission capabilities and performances, including innovative hybrid/electrical propulsion solutions.

Within the Helicopter Division of Leonardo, Kopter will act as an autonomous legal entity and competence centre working in coordination with Leonardo.

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 its core businesses.