Madrid, Spain, October 2, 2017
HÉROUX-DEVTEK ANNOUNCES AGREEMENT TO ACQUIRE CESA, A LEADING EUROPEAN MANUFACTURER OF LANDING GEAR, ACTUATION AND HYDRAULIC SYSTEMS   Madrid, Spain, October 2, 2017
Héroux-Devtek Inc. (TSX: HRX) (“Héroux-Devtek” or the “Corporation”), a leading international manufacturer of aerospace products, is pleased to announce an agreement to acquire Compañia Española de Sistemas Aeronauticos, S.A. (“CESA”), a subsidiary of Airbus SE (PA: AIR), (the “Transaction”) for a purchase price of €140 million (approximately $205 million) enterprise value, subject to customary closing adjustments. Unless otherwise indicated, all amounts are in Canadian dollars. Approximate Canadian dollar equivalents to Euros are based on the current exchange rate.