- May 29, 2024
Quercus International, led by Michael Mortimor, has supported Hauck Aufhäuser Lampe, a fellow member of the Terra Alliance, on the sale of Amazilia Aerospace GMBH (“Amazilia” or the “Company”) to Textron Inc (“Textron”). Hauck Aufhäuser Lampe served as the exclusive financial adviser to Amazilia’s shareholders, whilst Quercus International provided sector input throughout the transaction, and closely supported marketing to international strategic buyers.
Amazilia is a Munich-based developer of digital flight control, flight guidance and vehicle management systems for civil manned and unmanned aircrafts. The Company has a comprehensive product and service portfolio, covering fully integrated software and hardware, system engineering, testing and after sale support, data management and training.
The acquisition strengthens Textron Aviation’s international capabilities, supporting its focus on positively impacting the next generation of flights. The former Amazilia Aerospace team will work closely with Textron Aviation’s Pipistrel team on aircrafts such as the Surveyor and Nuuva.