Daher announces its acquisition of Quest Aircraft Company, becoming a Franco-American aircraft manufacturer
Daher – producer of the TBM family, the fastest turboprop aircraft in its category – is taking a major step in developing the company’s airplane manufacturing business with the planned acquisition of Quest Aircraft Company, based in Sandpoint (Idaho, USA), which builds the Kodiak 100 aircraft.
With this acquisition, Daher is further developing its strategic pillars by consolidating the company’s leading position in the turboprop segment, widening the product family and achieving a major milestone in the growth of its North American industrial and services operations. Already well known for its TBM 910 and TBM 940 very fast turboprop aircraft, Daher’s airplane portfolio has now expanded to include the Kodiak 100.
The Kodiak 100 is a 10-seat, unpressurized, entry-level aircraft in the single-engine turboprop category. Certified in 67 countries, the Kodiak 100 is used worldwide by air-taxi, recreational and leisure operators, along with businesses, pilot-owners and humanitarian organizations.
Lincoln acted as the exclusive financial advisor for Daher during the sale process, working closely with its top management team and shareholders. Lincoln provided advisory and industry expertise throughout the due diligence and negotiation of the transaction.
Lincoln International brought their reach and deal experience in the USA, Japan and Europe as well as the expertise of their aerospace team to manage this cross-border project with outstanding results in a timely manner.
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