Activity at Daher’s service center in Pompano Beach reflects a strong sales and retrofit market on the TBM series. [Photo: Julie Boatman]
Key Takeaways:
Daher has fully repaid its €110-million French government-guaranteed loan, initially secured during the COVID-19 pandemic, ahead of schedule due to its strong financial performance.
The company secured €180 million in new financing, largely from American investors, to fuel its strategic expansion plans.
This new funding will primarily support Daher's growth in the U.S., including the acquisition of Triumph Group’s aerostructures business and strengthening its overall American manufacturing presence.
Daher, manufacturer of the TBM and Kodiak turboprops, has repaid its remaining €110-million loan guaranteed by the French government and parlayed current strengths into a new round of financing that will propel the OEM’s expansion plans in the U.S. and France.
The company has secured €180 million in new financing from American investors, it announced on Wednesday.
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