This acquisition brings the successful business model of Daher Group to one of the world’s top aerospace markets.
Daher Group, a French industrial conglomerate, has recently acquired Quest Aircraft Company, another French-owned aircraft manufacturer in order to reinforce its aircraft manufacturing business. With the acquisition of Quest, Daher Group can now implement its full range of activities in North America, including production of systems and equipment, aircraft manufacturing, and supply of logistics and services. The sale was announced last June, according to the sources.
Acquisition to be a major milestone in the growth
This acquisition brings the successful business model of Daher Group to one of the world’s top aerospace markets. This procurement is a major breakthrough in the growth of the company’s North American operations.
Didier Kayat, Daher CEO, said, “Our acquisition of the Quest Aircraft Company is associated with Daher’s strategy to expand its business footprint in America.” Kayat added that they have obtained a major competitive advantage for all of Daher’s aerospace business lines in North America after the addition of Kodiak to their aircraft portfolio. With this addition, the company has emerged as the seventh-ranked general aviation airplane manufacturer across the globe, thus strengthening its position as a frontrunner in the manufacturing of high-end single-engine turboprop aircraft.
Combined expertise of Quest and Daher offers potential for rapid growth
The combined expertise and knowledge of Quest and Daher opens up avenues for tremendous growth. Quest Aircraft Company’s CEO, Robert Wells, said, “Our teams share the values for skill and quality, emphasising on Quest’s motto: ‘Built by hand in Sandpoint, Idaho.’”
Being a major supplier of aerostructures as well as logistics services to top aerospace industry companies, Daher at the present links up with the world’s aircraft manufacturers having final assembly lines in various regions. Daher manufactures the family of single-engine TBM turboprop aircraft at its Tarbes, France facility, whereas the Quest Aircraft Company builds the Kodiak utility airplane at Sandpoint in the US.
“Inclusion of Kodiak in Daher’s aircraft family offers us outstanding industrial, commercial, and geographical complementarities,” said Nicolas Chabbert, Senior Vice President of the Daher Airplane Business Unit. Along with its production capacity, the Sandpoint, Idaho facility joins Daher’s direct sales as well as maintenance networks, thus allowing Daher to keep up its position in the turboprop aircraft sector.