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Héroux-Devtek acquires Tekalia

Fasken
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Overview

Client

Héroux-Devtek Inc.

On January 23, 2019, Héroux-Devtek Inc. completed the acquisition of 60% of the shares of Tekalia Aeronautik (2010) Inc., a supplier of surface treatment services to the aerospace sector.

Héroux-Devtek is an international company specializing in the design, development, manufacture, repair and overhaul of aircraft landing gear, hydraulic and electromechanical flight control actuators, custom ball screws and fracture-critical components for the Aerospace market. It is the third largest landing gear company worldwide, supplying both the commercial and defence sectors.

The acquisition of Tekalia will allow Héroux-Devtek to further secure surface treatment capacity to support its North American customers’ growth.

Fasken represented Héroux-Devtek with a team led by Jean Michel Lapierre and including Guillaume Saliah, Alexandre Morin and Ralph Aziz (corporate/M&A), Robert Dupont (labour) and Denis Paquin and Jacques Eddé (real estate).

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