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07/2025

COLLINS AEROSPACE (ACTUATION & FLIGHT CONTROL BUSINESS) acquired by SAFRAN

UNITED STATES Aerospace, Naval & Defense / Engines & Systems EV 1b - 4b EUR

Context

Safran has successfully finalized the acquisition of 100% of the Actuation and Flight Control business from Collins Aerospace (an RTX company). To satisfy antitrust regulatory requirements, Safran simultaneously completed the divestment of its North American electromechanical actuation activities (generating $65M in revenue) to the Woodward group. The strategic rationale for Safran is to merge Collins’ expertise in hydraulic/mechanical systems with Safran’s own leadership in electrical actuation. This combination creates a global powerhouse positioned for future "more electric" aircraft programs. The deal is financially compelling, expected to be accretive to EPS from the first year and to generate $50 million in annual pre-tax cost synergies by 2028.

COLLINS AEROSPACE (ACTUATION & FLIGHT CONTROL BUSINESS), which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.5x).

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Target

The Actuation and Flight Control business of Collins Aerospace is a global leader in providing mission-critical systems for commercial aircraft, military platforms, and helicopters. The organization specializes in hydraulic, mechanical, and electromechanical actuation, ensuring the precise movement of aircraft control surfaces. With a workforce of approximately 4,000 employees across eight primary sites in Europe (UK, Italy, France) and Asia (Poland, USA, India), the entity supports over 180 aviation programs. The business model is highly resilient, with approximately 40% of its revenue derived from recurring high-margin aftermarket services. Its technology is fundamental to flight safety and is a key enabler for the transition toward more electric aircraft architectures in next-generation narrow-body programs.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
2023

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REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 1b - 3b EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of COLLINS AEROSPACE (ACTUATION & FLIGHT CONTROL BUSINESS) by SAFRAN are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Acquirer: safran