COLLINS AEROSPACE (ACTUATION & FLIGHT CONTROL BUSINESS) acquired by SAFRAN
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 LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.2x).
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
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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.
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 1b - 4b EUR
Revenue range: 1b - 3b EUR
EBITDA range: 100M - 200M EUR
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Press release: view release
Acquirer: safran