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 remaining €110 million French government-guaranteed loan due to strong financial performance and recovery.
The company secured €180 million in new financing, including €105 million from American investors, to fund its expansion plans.
This new funding will primarily support Daher's strategic growth in the U.S., including recent acquisitions like Triumph Group's aerostructures business.
Daher's robust performance and innovation enable it to shift from a defensive posture during the pandemic to an offensive growth strategy.
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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