DLA Piper Advises Goodrich on €330 Million Acquisition of Microtecnica

DLA Piper has advised Goodrich Corporation (“Goodrich”), a leading global supplier of systems and services to the Aerospace and Defence industry, on its acquisition of Mictrotecnica S.r.l (“Microtecnica”) from SSCP Aero Holdings S.C.A for €330 million.

Microtecnica provides flight control actuation systems for helicopter, aircraft, missile actuation, as well as aircraft thermal and environmental control systems. 
Corporate partners Jim Lavery and Goffredo Guerra lead on the deal from DLA Piper’s offices in Birmingham and Milan. 
Jim Lavery said: “Goodrich is a longstanding and highly valued client of DLA Piper. We are thrilled to have supported Goodrich in its latest acquisition which will strengthen its product portfolio and its presence in key growth markets. It has also been a great opportunity to work with our colleagues in Milan” 
John Linker, director of business development, Goodrich added: “The acquisition of Microtecnica fits with our strategy by increasing Goodrich’s exposure to three growth markets; commercial and military helicopters, commercial regional, business and general aviation aircraft and missile actuation. 
The DLA Piper team performed a critical role in the success of the execution of this transaction. Goodrich was extremely pleased with DLA Piper’s ability to provide coordinated expertise from a number of different geographical areas, while maintaining a solution-oriented approach that supported our interests and timeline.” 
Microtecnica employs approximately 700 people and Goodrich expects the business to have sales of $220 million in 2011, with significant growth potential.