To make this website work, we log user data. By using Shephard's online services, you agree to our Privacy Policy, including cookie policy.

×
Open menu Search

Chinese company acquires Enstrom

9th January 2013 - 11:15 GMT | by Tony Skinner in London

RSS

Enstrom Helicopter Corporation has been acquired by a Chinese investment company as the US manufacturer looks to expand its reach into Asia.

Chongqing Helicopter Investment Co Ltd (CQHIC) finalised the purchase on 27 December, Enstrom confirmed on 7 January, in a development described as a major step in moving the company ‘to a new level’.

‘It will provide Enstrom with the needed resources to enhance marketing efforts in China and around the world.  This strong ownership will allow further growth of our business in Menominee, Michigan to meet the demands of the increasing markets around the world, especially Asia,’ Enstrom

Already have an account? Log in

Want to keep reading this article?

Read this Article

Get access to this article with a Free Basic Account

  • Original curated content, daily across air, land and naval domains
  • 1 free story per week
  • Personalised news alerts
  • Daily and weekly newsletters
Create account

Unlimited Access

Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.

  • Original curated content, daily across air, land and naval domains
  • 14-day free trial (cancel at any time)
  • Unlimited access to all published premium news
Start your free trial
Tony Skinner

Author

Tony Skinner


Tony Skinner is Shephard Media's Creative Director, overseeing the strategic direction, content development and project …

Read full bio

Share to

Linkedin