Baykar Acquires Piaggio Aerospace
December 28, 2024
Turkish unmanned aircraft manufacturer Baykar has acquired Italian aircraft maker Piaggio Aerospace following approval from Italy's Ministry of Enterprises and Made in Italy. The deal gives Baykar traditional aircraft manufacturing, MRO and engine capabilities in Italy and supports plans to preserve jobs and expand production at Piaggio's facilities.
- Buyers
- Baykar
- Targets
- Piaggio Aerospace
- Sellers
- Italy's Ministry of Enterprises and Made in Italy, Government-controlled special administration (Piaggio Aerospace special administration)
- Industry
- Aerospace & Defense
- Location
- Liguria, Italy
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.