The deal marks Dassault's second MRO acquisition since the start of the year.
Dassault Aviation and TAG Aviation have announced the acquisition of the European maintenance activities of TAG Aviation Group by Dassault. The announcement was made on 27th February.
The integration of the TAG activities will take place over the next few months, once all necessary authorisations have been received.
The deal marks Dassault's second MRO acquisition since the start of the year, following the acquisition of the worldwide maintenance activities of ExecuJet in January.
“The acquisition of the maintenance activities of TAG Aviation, a major MRO provider, will allow Dassault Aviation to reinforce its European service centre network. With TAG Maintenance Services, we intend to develop further a network of excellence and to support TAG's different aircraft clients with the same commitment to service quality, while expanding the share of Falcon maintenance activities controlled by the Dassault Group,” declared Eric Trappier, Chairman and CEO of Dassault Aviation.
TAG Aviation's European maintenance centres are located in Geneva, Sion, Farnborough, Paris and Lisbon. It also has centres in Hong Kong and Lomé (Togo).