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 fully repaid its remaining €110 million French government-guaranteed loan, initially secured during the COVID-19 pandemic, ahead of schedule due to strong financial performance.
The company secured €180 million in new financing, primarily from American investors, to fund its strategic expansion plans in the U.S. and France.
This new funding will support Daher's growth initiatives, including the acquisition of Triumph Group’s aerostructures business in Florida, marking a shift to an "offensive strategy" for future development.
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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