August Debouzy advised Dassault Aviation on the acquisition of the RUAG Group's maintenance activities (MRO) and ground handling activities (FBO) in Geneva and Lugano.
With this sale, the RUAG Group, a long-standing partner of Dassault Aviation, is making a step forward in the implementation of its strategy to focus on Aerostructures and Space markets.
With this acquisition, the French aerospace group is pursuing its strategy to develop a global MRO network of excellence, following the announcement earlier in 2019 of the signing of final agreements with respect to the acquisition of ExecuJet's maintenance operations in Africa, Middle-East and the Asia-Pacific region as well as TAG Aviation's European maintenance operations.
Also, the acquisition of RUAG's FBO activities will complement the services offered by Dassault Aviation in Switzerland, a key place for business aviation in Europe.