Over 100 Oaklins M&A professionals traveled to Montreal to attend the Aerospace & Defense (A&D) event, “How global trade tensions are creating opportunities”. Key manufacturers and investors were invited to share their knowledge of the aerospace industry and discuss challenges, advancements and growth opportunities in the sector.
Host city, Montreal, is home to a large and supportive aerospace ecosystem. Suzanne Benoît, President of Aéro Montréal, acknowledged the main factors, both public and private, supporting the current strengths and future potential of the aerospace industry.
Gilles Labbé is President, CEO and Director of Montreal based Héroux-Devtek, the third largest landing gear company in the world. He provided insight into the company’s expanding success through a careful strategy of mergers, acquisitions and divestitures to become a full-service provider to both the commercial and military markets.
Cliff Bayer, Head of Aerospace & Defense at RBC Capital Markets, expressed an upbeat forecast for the future of M&A in the aerospace market, saying “universal optimism” is defining the sector. Positive trends on the commercial side, a rise in passenger traffic, growth in the Asian commercial market and an early stage upturn in defense spending in the US are the main indicators.
The Oaklins Annual Awards
Collaboration between our professionals around the globe, the sharing of industry expertise and building personal relationships are key in providing the best possible service to our clients, hence the importance of our biannual conferences. The winners of this year’s Oaklins Annual Awards are:
Contribution of the Year: Oaklins Cavendish (UK)
Publisher of the Year: Jürg Stucker (Switzerland)
Deal of the Year: Vascotube GmbH
Industry Specialist of the Year: Marco A. Vismara (Oaklins Italy)
Oaklins Fall Conference will be held in Vienna this November.