Leonardo to take over Kopter:
30 January 2020: A contract has been signed by Leonardo with Lynwood (Schweiz) AG to take over 100 per cent of Kopter Group AG (Kopter). This will let Leonardo to further strengthen its worldwide leadership and position in the rotorcraft sector; leveraging innovation, new capabilities and engineering skills which have been developed by the young and agile Swiss Company.
Alessandro Profumo, Leonardo CEO said, "By this deal we confirm our commitment to strengthening Leonardo's core business and sustaining our leadership in key areas. With this acquisition we will bring on board innovative skills and technologies that will complement our own and will also contribute to keeping us at the forefront of innovation and competitiveness whilst maintaining our financial solidity."
Gian Piero Cutillo, Managing Director Leonardo Helicopters said, "We are proud to welcome this innovative company as an integral part of our world-leading helicopter business. It complements perfectly our existing product portfolio adding a promising rotorcraft that will greatly benefit from our industrial know-how, service and training experience and commercial network."
Marina Groenberg, CEO of Lynwood stated, "Lynwood is very proud to have strongly supported the development of Kopter and its SH09 programme over the past 10 years. It is now the right time for Leonardo to take over as they are a perfect match for Kopter at this stage of development."
Kopter's CEO Andreas Loewenstein said, "Kopter is very excited to have won with Leonardo a solid industrial investor. Within Leonardo, we get the support to finalize our development on various fronts while keeping the ability to remain the agile single-engine pioneer that we are."
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