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Safran completes acquisition of Component Repair Technologies to Strengthen its MRO Capabilities

Sep 10, 2024•over 1 year ago

Acquiring Company

Safran

Acquired Company

CRT

ParisMentorManufacturingProfessional Services

Description

Safran, an international high-technology group, has announced the acquisition of Component Repair Technologies (CRT) to enhance its maintenance, repair, and overhaul (MRO) capabilities in the Americas. This acquisition is part of Safran's strategy to ramp up its global MRO network, with major investments planned for new facilities and the optimization of industrial organization to support the growing global fleet of LEAP-powered airplanes.

Company Information

Company

Safran

Location

Paris, Ile De France, France

About

Safran is a leading international high-technology group with three core businesses: aerospace, defense, and security. Operating worldwide, the company has over 95,000 employees and generates sales of around €24 billion. Safran is listed on the Euronext Paris stock exchange.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed