GLADE MICHEL WIRTZ advises Textron Group on the acquisition of Amazilia Aerospace

May 28th, 2024
GLADE MICHEL WIRTZ advised US-based Textron Inc. on the acquisition of Amazilia Aerospace GmbH – a leading developer of digital flight control, flight guidance and vehicle management systems for civil manned and unmanned aircraft.
Textron eAviation GmbH, a subsidiary of Textron, has acquired substantially all the assets of Amazilia Aerospace and has integrated the workforce and facilities of Amazilia based in Munich. “We’re excited to welcome Amazilia Aerospace’s talented employees and innovative technologies to the Textron eAviation team” said Kriya Shortt, President and CEO of the Textron eAviation segment.
With the acquisition of Amazilia Aerospace, Textron eAviation strengthens its internal capabilities supporting its focus on positively impacting the next generation of flight. Christoph Dörhöfer, President and CEO of Amazilia Aerospace: “We look forward to joining a company that is as passionate as we are about advancing aviation technology."
As one of the most innovative players in the general aviation sector, Textron eAviation, headquartered in Wichita, Kansas, is a business segment of the multi-industry company Textron Inc. The S&P 500-listed Textron with around 34,000 employees leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services.
The press release is available for download here.
