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Chorus Aviation Announces Agreement to Acquire Elisen & Associates Inc.

Chorus Aviation Announces Agreement to Acquire Elisen & Associates Inc. Chorus Avia...

articleChorus Aviation Inc.July 21, 20255/company/chorus-aviation-inc/news/chorus-aviation-announces-agreement-to-acquire-elisen-and-associates-inc
Chorus Aviation Announces Agreement to Acquire Elisen & Associates Inc.

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[{"type":"text","content":"\n\n\n\n Chorus Aviation Announces Agreement to Acquire Elisen & Associates Inc.\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n Chorus Aviation Announces Agreement to Acquire Elisen & Associates Inc.\n \n\n Canada NewsWire\n \n\n\n\n\n\n HALIFAX, NS\n \n\n ,\n \n\n July 21, 2025\n \n\n /CNW/ - Chorus Aviation Inc. (TSX: CHR) today announced it has entered into an agreement to acquire Elisen & Associates Inc. (\"Elisen\"), a leading provider of aerospace engineering and certification services based in\n \n Montreal\n \n .\n \n\n Founded in 1997 by\n \n Stephane Durand\n \n and Taif Rahman, Elisen has built a strong reputation for its work on complex engineering projects spanning commercial, business and rotary aircraft modifications, defence projects and sustainable aviation development. Elisen's projects include support and development work on the Airbus A220, Bell helicopters and Bombardier, Gulfstream and Lear special mission aircraft, among others. Mr. Durand and Mr. Rahman will continue to lead Elisen following the closing of the transaction.\n \n\n \"Elisen is a leading engineering firm located at the core of\n \n Montreal's\n \n aerospace community. Acquiring Elisen will position us to grow our defence and specialized MRO capabilities by adding valuable expertise and industry relationships,\" said\n \n Colin Copp\n \n , President and Chief Executive Officer, Chorus. \"We are delighted that Stephane and\n \n Taif\n \n will continue to lead Elisen and look forward to welcoming the entire Elisen team.\"\n \n\n \"We have had expressions of interest from several companies over the years, but none provides the alignment of culture, values and strategic vision that Chorus offers,\" stated Elisen Co-President, Mr. Rahman.\n \n\n \"We are excited to work with the Chorus team to pursue a broader set of opportunities together,\" added Elisen Co-President, Mr. Durand.\n \n\n The transaction is expected to close prior to the end of this year, conditional upon the completion of certain regulatory notifications and the satisfaction of other customary conditions t...

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