Dassault Aviation has acquired all shares in Ruag Business Aviation, meaning it has taken over sites at Geneva-Cointrin (pictured above) and Lugano-Agno (pictured below) in Switzerland, along with 87 employees – 73 in Geneva and 14 in Lugano.
The sale of Ruag Business Aviation is the first transaction undertaken by Ruag International following a strategic decision to unbundle the group. Ruag International intends to focus on the Space and Aerostructures markets, and says it is therefore working on solutions that offer successful futures for other business units within the MRO International, Ammotec and Cyber Security divisions.
“I am extremely satisfied that we have completed this transaction with Dassault Aviation, a leader in manufacturing and maintaining aircraft,” said Urs Breitmeier, CEO of the Ruag Group. “They are an experienced partner and can provide a strong foundation for successfully continuing operations in Geneva and Agno, as well as the future for the members of staff at both sites.”
“The acquisition of the Ruag sites in Geneva and Lugano will allow Dassault Aviation to reinforce its footprint in Switzerland, a key place for business aviation in Europe; while consolidating Falcon maintenance activities controlled by the Dassault Aviation Group,” said Eric Trappier, chairman and CEO of Dassault Aviation.
The Geneva and Lugano sites offer a wide range of MRO services, as well as upgrades for selected private and business aircraft from manufacturers such as Dassault Aviation, Piaggio, Bombardier, Embraer, Pilatus and Hawker Beechcraft. The sites are both certified maintenance organisations in accordance with EASA Part 145. Both also offer FBO services.
