Acquiring Company
Hindustan Aeronautics Limited
Acquired Company
HATSOFF Helicopter Training Private Limited
DelhiBengaluruAerospaceAerospaceTrainingDescription
Hindustan Aeronautics Limited has signed a deal to acquire the remaining 50% stake in HATSOFF Helicopter Training from CAE, Canada. This acquisition turns the existing joint venture into a wholly-owned subsidiary of HAL. The transaction involves the transfer of equity shares with no cash outlay required from HAL, and it received approval from the Ministry of Defence. The acquisition is expected to close within 60 days.
Fundz sees it the moment Hindustan Aeronautics Limited makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired HATSOFF Helicopter Training Private Limited?
HATSOFF Helicopter Training Private Limited was acquired by Hindustan Aeronautics Limited, based in Delhi. The deal was reported on October 3, 2026. Hindustan Aeronautics Limited (HAL) is an Indian state-owned aerospace and defence company headquartered in Bengaluru, India. It is governed under the management of the Indian Ministry of Defence. Hindustan Aeronautics Limited is privately held and operates in Aerospace.
When did Hindustan Aeronautics Limited acquire HATSOFF Helicopter Training Private Limited?
Hindustan Aeronautics Limited's acquisition of HATSOFF Helicopter Training Private Limited was reported on October 3, 2026. Hindustan Aeronautics Limited has signed a deal to acquire the remaining 50% stake in HATSOFF Helicopter Training from CAE, Canada. This acquisition turns the existing joint venture into a wholly-owned subsidiary of HAL. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does HATSOFF Helicopter Training Private Limited do?
HATSOFF Helicopter Training Private Limited was incorporated in January 2008 as a helicopter simulator training centre. It provides military and civil helicopter pilot training through advanced simulators. It is privately held, operating in Aerospace, and is based in Bengaluru.
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