CAE, Inc. (CAE) acquires Flight Simulation Company

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Go back to CAE, Inc. (CAE) acquires Flight Simulation Company

CAE acquires Flight Simulation Company

November 16, 2020 4:24 PM EST

Expands CAEs addressable market of customers including commercial cargo operatorsLow integration complexity within CAEs existing European footprint

MONTREAL, Nov. 16, 2020 (GLOBE NEWSWIRE) -- (NYSE: CAE; TSX: CAE) - CAE today announced that it has acquired all the issued and outstanding shares of Flight Simulation Company B.V. (FSC) for a cash consideration of approximately 70 million (approximately C$108 million) paid to the sellers, calculated on the basis of an enterprise value of 100 million (approximately C$155 million).

The... More