Investindustrial-backed Global Aerospace Technology to merge with Officina Stellare for €63m.

Investindustrial-backed Global Aerospace Technology, a manufacturer specializing in high-precision machining, fabrication, and assembly for the aerospace industry, agreed to merge with Officina Stellare, an Italian company specializing in the design and production of opto-mechanical systems for ground and space applications, for €63m. “The business combination with Officina Stellare marks a strategic milestone in strengthening our position in the aerospace sector and generating significant synergies. This transaction allows us to leverage the strengths of both companies and accelerate our growth trajectory. We are excited to embark on this journey together and are confident that it will contribute to building a stronger, more innovative platform ready to face the future developments of the market,” Alessandro Franzoni, Global Aerospace Technologies CEO.