A strategic acquisition for CAE in the United States

CAE will acquire the AirCentre division of the Texan company Saber specializing in flight operations following the signing of an agreement announced Thursday.

AirCentre offers flight and crew optimization and management solutions that will help the Montreal company to better position itself in this segment.

According to what the two companies revealed, the deal reaches US $ 392.5 million and the transaction is expected to be completed in the first quarter of 2022.

AirCentre’s revenue reached US $ 150 million in 2019, before the COVID-19 pandemic.

“Saber’s AirCentre division is highly regarded by many of the world’s largest carriers, virtually all of whom are CAE customers today. This acquisition will significantly expand CAE’s capabilities with a significant number of airlines and enable us to achieve our goal of helping our civil aviation customers operate at the highest standards of service. ‘efficiency and precision,’ said CAE President and CEO Marc Parent.

“We are committed to investing and innovating in digital flight and crew management solutions, a growing area for our business,” he continued. The acquisition will also broaden CAE’s skill set with the addition of 500 highly skilled employees, the majority of whom have expertise in software development and digital solutions. We are pleased to welcome AirCentre employees around the world and we are delighted to work with our new colleagues to accelerate AirCentre product innovation as well as the digital and technological transformation underway at CAE. ”

– .