{"id":5556,"date":"2020-01-28T19:29:09","date_gmt":"2020-01-28T18:29:09","guid":{"rendered":"http:\/\/www.dgualdo.it\/wpmain\/?p=5556"},"modified":"2020-02-12T08:51:47","modified_gmt":"2020-02-12T07:51:47","slug":"leonardo-to-acquire-kopter-with-the-aim-of-extending-its-helicopter-market-leadership","status":"publish","type":"post","link":"https:\/\/www.dgualdo.it\/wpmain\/leonardo-to-acquire-kopter-with-the-aim-of-extending-its-helicopter-market-leadership\/ita_news\/01\/2020\/","title":{"rendered":"Leonardo to acquire Kopter with the aim of extending its helicopter market leadership."},"content":{"rendered":"\n
\"\"<\/a>
HAI Heli-Expo 2020 \u2026 Complete Photo Report Page<\/strong><\/a> <\/figcaption><\/figure><\/div>\n\n\n\n

HAI Heli-Expo 2020<\/h3>\n\n\n\n

PRESS RELEASE – Anaheim, 28 January 2020<\/p>\n\n\n\n

  • Leonardo buys 100% of the Swiss helicopter company Kopter from Lynwood <\/li>
  • Profumo: \u201cWe confirm our commitment to strengthening Leonardo\u2019s core business and sustaining our leadership in key areas. With this acquisition we will bring on board innovative skills and technologies that will complement our own and will also contribute to keeping us at the forefront of innovation and competitiveness whilst maintaining our financial solidity.\u201d <\/li>
  • Closing of the transaction is to take place in the first quarter of 2020 <\/li><\/ul>\n\n\n\n

    Leonardo has signed a contract with Lynwood (Schweiz) AG to acquire 100% of Kopter Group AG (Kopter). <\/h3>\n\n\n\n

    This move allows Leonardo to further strengthen its worldwide leadership and position in the rotorcraft sector; leveraging innovation, new capabilities and engineering skills which have been developed by the young, agile Swiss Company. <\/p>\n\n\n\n

    Kopter\u2019s SH09, a new single engine helicopter, is a perfect fit for Leonardo\u2019s state of the art product range offering opportunities for future technological developments. <\/strong>The Swiss company\u2019s competencies will boost future developments towards more disruptive technologies, mission capabilities and performances, including innovative hybrid\/electrical propulsion solutions. <\/p>\n\n\n\n

    This acquisition will replace the planned investment aimed at the development of a new single engine helicopter.<\/strong> Within the Helicopter Division of Leonardo, Kopter will act as an autonomous legal entity and competence centre working in coordination with us. 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 over the life of the programme, starting from 2022. The closing of the transaction is subject to certain conditions and is expected to take place during the first quarter of 2020. <\/p>\n\n\n\n

    Alessandro Profumo, Leonardo CEO, said: \u201cBy this deal we confirm our commitment to strengthening Leonardo\u2019s core business and sustaining our leadership in key areas. With this acquisition we will bring on board innovative skills and technologies that will complement our own and will also contribute to keeping us at the forefront of innovation and competitiveness whilst maintaining our financial solidity.\u201d <\/p>\n\n\n\n

    Gian Piero Cutillo, Managing Director Leonardo Helicopters, said: \u201cWe are proud to welcome this innovative company as an integral part of our world-leading helicopter business. It complements perfectly our existing product portfolio adding a promising rotorcraft that will greatly benefit from our industrial know-how, service and training experience and commercial network.\u201d <\/p>\n\n\n\n

    Marina Groenberg, CEO of Lynwood, stated: \u201cLynwood is very proud to have strongly supported the development of Kopter and its SH09 programme over the past 10 years. It is now the right time for Leonardo to take over as they are a perfect match for Kopter at this stage of development.\u201d <\/p>\n\n\n\n

    Kopter\u2019s CEO Andreas Loewenstein declared: \u201cKopter is very excited to have won with Leonardo a solid industrial investor. Within Leonardo, we get the support to finalize our development on various fronts while keeping the ability to remain the agile single-engine pioneer that we are.\u201d <\/p>\n\n\n\n

    For the transaction, Leonardo was assisted by EY and Gatti Pavesi Bianchi. Lynwood was assisted by HoganLovells. <\/p>\n","protected":false},"excerpt":{"rendered":"

    HAI Heli-Expo 2020 PRESS RELEASE – Anaheim, 28 January 2020 Leonardo buys 100% of the Swiss helicopter company<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,7,6],"tags":[2254,1448,1919,2267,698,647],"class_list":["post-5556","post","type-post","status-publish","format-standard","hentry","category-ita_news","category-aw_news","category-world_news","tag-hai-heli-expo-2020","tag-kopter","tag-kopter-group","tag-kopter-sh09","tag-leonardo-helicopters","tag-leonardo-helicopters-division"],"_links":{"self":[{"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/posts\/5556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/comments?post=5556"}],"version-history":[{"count":5,"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/posts\/5556\/revisions"}],"predecessor-version":[{"id":5656,"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/posts\/5556\/revisions\/5656"}],"wp:attachment":[{"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/media?parent=5556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/categories?post=5556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/tags?post=5556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}