Announced

Investindustrial-backed Global Aerospace Technologies Investments to acquire a majority stake in Logic.

Synopsis

Investindustrial-backed Global Aerospace Technologies Investments agreed to acquire a majority stake in Logic, a designer and manufacturer of highly engineered electronic and electro-mechanical systems and components for the aerospace sector. Financial terms were not disclosed. “We are excited to partner with Investindustrial as we enter the next phase of the Group’s growth journey. With Investindustrial’s infrastructure and strategic resources, we are confident in our ability to accelerate future success. This partnership not only reinforces our strong track record but also recognises the outstanding efforts of our current team,” Alessandro Franzoni, Logic CEO.

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