De Havilland Aircraft of Canada Expands Capabilities with Fleet Canada Inc. Acquisition

Deal News | Apr 01, 2025 | Globenewswire

De Havilland Aircraft of Canada Expands Capabilities with Fleet Canada Inc. Acquisition

De Havilland Aircraft of Canada (DHC) has acquired Fleet Canada Inc. based in Fort Erie, Ontario. Fleet Canada is a supplier of parts and aerostructures, serving not only DHC but several other OEMs. Situated in a 500,000-square-foot facility in Southern Ontario, Fleet Canada provides essential components for DHC’s Twin Otter, De Havilland Canadair-515, and Dash 8 programs. The acquisition enables DHC to in-source critical capabilities such as metal-to-metal bonding and advanced composites. DHC aims to enhance its customer service by utilizing Fleet's existing production capacity and expertise. DHC CEO Brian Chafe and Vice President of Manufacturing Gerry Kelly expressed their enthusiasm about the acquisition, noting its importance in meeting growing demand and ensuring fleet operability. The acquisition was congratulated by Ontario's Minister of Economic Development, highlighting the importance of the aerospace sector in the region.

Sectors

  • Aerospace
  • Manufacturing

Geography

  • Canada – Both De Havilland Aircraft of Canada and Fleet Canada operate within Canada, with the acquisition taking place in Alberta and Ontario.

Industry

  • Aerospace – The article is primarily concerned with the aerospace industry, focusing on manufacturing aircraft and aerostructures.
  • Manufacturing – Fleet Canada and De Havilland Aircraft of Canada's activities emphasize manufacturing processes, particularly in aerostructure component production.

Financials

    Participants

    NameRoleTypeDescription
    De Havilland Aircraft of CanadaAcquirerCompanyCanadian aircraft manufacturer expanding its capabilities with the acquisition of Fleet Canada.
    Fleet Canada Inc.TargetCompanySupplier of parts and aerostructures based in Fort Erie, Ontario.
    Brian ChafeCEOPersonCEO of De Havilland Canada who commented on the acquisition.
    Gerry KellyVice President of ManufacturingPersonVice President at De Havilland Canada overseeing manufacturing operations.
    Vic FedeliMinister of Economic Development, Job Creation and TradeGovernmentMinister from Ontario who remarked on the significance of the acquisition for the region.