MONTREAL, July 19,
2024 /CNW/ - DCM Group Inc. (« DCM ») is pleased
to announce the acquisition of DH Aerospace Holding Inc. operating
as Koss Aerospace and Brampton Processing.
Established in 1975 and headquartered in Ontario, Koss Aerospace specializes in
manufacturing aerospace structural components, while Brampton
Processing offers a range of value-added metal processing services
including cadmium plating, chrome plating, anodizing, painting,
finishing services, and more. It operates three facilities in the
Greater Toronto Area.
DCM Group becomes a vertically integrated aerospace
supplier
Jean-Charles Raillat, CEO of DCM, highlighted the strategic
benefits of the acquisition, noting, "With this transaction, DCM
attains a critical size, positioning itself as one of Canada's most important aerospace
manufacturers and a direct, solid partner for OEMs. It allows DCM
to broaden its product offerings and become vertically integrated
including surface treatment processes across nearly all of our
manufacturing needs. The expanded capabilities will enable us to
produce larger dimension assemblies and access a complementary
customer base. We would like to thank Dragomir, Helene and the
whole Cajic family for trusting us with the business they built
over the past decades".
"I am enthusiastic to join forces with DCM and am looking
forward to this next chapter and achieving great things together.
Our combined operations will enhance our ability to serve
customers, support our employees, and contribute to our community."
said Alexander Cajic at DH
Aerospace, who will continue under the new ownership as VP Ontario
Division.
Thrust Capital Partners plays its role in
supporting Canadian Aerospace SMEs consolidation
"This acquisition marks a pivotal moment in DCM's growth as its
first expansion beyond Quebec.
Alongside our partners Investissement Québec and Desjardins
Capital, we are committed to supporting DCM's ambition to become a
global leader in the aerospace supply chain" said Milad Jawabra,
Partner at Thrust Capital Partners.
Advisors
Legal, tax, and financial advisory services for DCM were
provided by Norton Rose Fulbright Canada LLP, BJC S.E.N.C.R.L., and
Ernst & Young LLP, respectively. DH Aerospace was advised by
CIBC Mid-Market Investment Banking on financial, and by Loopstra
Nixon LLP on legal and tax matters.
About DCM Group
DCM Group is a leading Canadian subcontractor specializing in
aerostructure components, aircraft maintenance & welding
services, and ground support equipment (GSE) tooling. The company
operates four sites in Quebec and
one in France.
About DH Aerospace
Koss Aerospace, a division of DH Aerospace, boasts over 50 years
of experience as a manufacturer of structural aircraft components
and assemblies for commercial aerospace and defense sectors.
Through Brampton Processing, DH Aerospace provides integrated metal
finishing and surface treatment capabilities.
About Thrust Capital Partners
Thrust Capital Partners is Canada's first private equity fund dedicated
exclusively to advancing the aerospace industry's supply chain. It
aims to propel SMEs in Quebec and
Canada towards global leadership
by accelerating their growth and development.
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content:https://www.prnewswire.com/news-releases/dcm-group-a-thrust-capital-partners-portfolio-company-acquires-koss-aerospace-and-brampton-processing-302201418.html
SOURCE Thrust Capital Partners Management Inc.