(Alliance News) - On Tuesday, Officina Stellare Spa announced that it will merge with Global Aerospace Technologies Group.

The transaction, supported by Investindustrial, aims to create a listed group specializing in advanced technologies with a production value of EUR76 million in 2024 and an order book of EUR148 million.

GATG is a holding company majority-owned by investment companies independently managed by Investindustrial Growth III SCSp, a fund recognized across Europe for its commitment to supporting high-potential technology companies.

The transaction also includes capital increases totaling EUR 63 million by GATG, resources intended to support the growth, financial strength, and international development plans of the new group.

The goal is to create a single industrial operator listed in Italy, with integrated expertise in electronics, optomechanics, Earth observation, optical communications, and cybersecurity. The new industrial entity aims to strengthen the national technology supply chain and position itself among the European leaders in advanced defense and aerospace systems.

By Maurizio Carta, Alliance News reporter

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