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New Deal


Announced

Completed

Textron completed the acquisition of Pipistrel for $240m.

Financials

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Transaction Value£183m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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aircrafts

Acquisition

Single Bidder

Majority

Private

Aerospace

Friendly

Slovenia

Completed

Cross Border

Synopsis

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Textron, a multi-industry company, completed the acquisition of Pipistrel, an electrically powered aircraft, for $240m. “Pipistrel has already achieved what many other companies only aspire to – certifying and delivering highly regarded electric aircraft to customers around the world. We are excited to accelerate Pipistrel’s development and to welcome its talented people into our organization, where we will pool expertise to make Textron a world leader in sustainable aircraft for a wide range of missions," Scott Donnelly, Textron Chairman and CEO.

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