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EU Clears Boeing’s Spirit AeroSystems Takeover After Divestiture Pledge

The antitrust nod follows commitments to transfer Airbus‑linked Spirit work to Airbus, with a Malaysian composites unit moving to CTRM.

Overview

  • EU regulators approved the $4.7 billion acquisition on October 14 with conditions requiring divestiture of Spirit operations that supply Airbus.
  • Airbus will assume those Spirit programs and facilities, while the Malaysian composites business will transfer to CTRM as an independent supplier.
  • Boeing says reintegration is intended to strengthen quality oversight and bring 737 MAX fuselage production back under direct control.
  • The parties expect to close in the fourth quarter after a roughly 15‑month review that began following July 2024 deal negotiations.
  • The approval reunites companies separated about two decades ago, with integration expected to take months to stabilize the supply chain.