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This article is included in these additional categories:

Engines - Aircraft | Europe - Other | Fighters & Attack | Finmeccanica | Mergers & Acquisitions | Other Corporation | Transport & Utility

Avio ‘Acquired’ for EUR 2.57B

UH-60L Blackhawk helicopte
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European private equity firm Cinven has acquired aerospace manufacturer Avio SpA from The Carlyle Group and Finmeccanica for EUR 2.57 billion, significantly surpassing the EUR 1.5-1.6 billion paid by Carlyle and Finmeccanica in September 2003 when they bought the aerospace arm of FiatAvio SpA. Carlyle owned 70% of the company, with Finmeccanica owning the remaining […]

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