- Bombardier setting the stage to establish a wholly-owned service centre in Berlin following agreement with Lufthansa Technik AG and ExecuJet Aviation Group AG
- Key strategic move for Bombardier to grow customer support network as company focuses solely on business aviation
- OEM-trained team in Berlin facility will provide customers with Bombardier’s full suite of world-class aftermarket MRO expertise and capabilities
- Bombardier continues to invest in an extensive worldwide expansion of its customer services network in Europe, Asia and North America
MONTREAL, Sept. 29, 2020 (GLOBE NEWSWIRE) — Bombardier today announced that the company has entered into share purchase agreements with each of Lufthansa Technik AG and ExecuJet Aviation Group AG to acquire all of the issued and outstanding shares of Lufthansa Bombardier Aviation Services (LBAS) that it does not own. This transaction enables Bombardier to further expand its worldwide customer support footprint by establishing a wholly-owned service centre in Berlin. The transactions are subject to customary closing conditions with closings anticipated to occur before the end of the year.