Eurocopter Acquires Japanese Firm

Aviation International News » May 2009
May 1, 2009, 11:10 AM

Eurocopter last month announced the acquisition of 80 percent of the shares in Japan-based distributor Euroheli, bringing the helicopter manufacturer’s stake to 90 percent. The organization has subsequently been merged with subsidiary Eurocopter Japan. Itochu, the former majority shareholder, keeps 10 percent of the company’s shares. Stéphane Ginoux, CEO of Eurocopter Japan, retains that position at Euroheli. With some 60 employees locally, Eurocopter becomes “the first foreign aircraft manufacturer in Japan to carry out direct sales and customer support activities.” The French-based helicopter manufacturer claims a market share of 57 percent in the civil and parapublic sectors in Japan, with a fleet of 360 helicopters.

Share this...

Please Register

In order to leave comments you will now need to be a registered user. This change in policy is to protect our site from an increased number of spam comments. Additionally, in the near future you will be able to better manage your AIN subscriptions via this registration system. If you already have an account, click here to log in. Otherwise, click here to register.