M&A Transactions
Alpha Metalcraft Group, a portfolio company of Industrial Growth Partners, has acquired Hanmar, LLC, a provider of thin-walled parts and assemblies for aerospace, defense, and space markets. Terms of the transaction were not disclosed.
Indra Sistemas S.A. (MAD: IDR) has acquired Aertec Defence & Aerial Systems, a subsidiary of Aertec Solutions SL. and provider of medium-sized unmanned aerial systems ("UAS"), including the TARSIS platform of AI-enabled, fixed-wing tactical UAS delivering high-end intelligence, surveillance, target acquisition, reconnaissance ("ISTAR") and light strike capabilities. Terms of the transaction were not disclosed.
Leonardo S.p.A. (BIT: LDO) has agreed to acquire the Defense Business of Iveco Group N.V. (EXM: IVG), a provider of armored vehicles, multirole vehicles, tactical and logistic vehicles, and robotics and autonomous systems for domestic and international defense markets. The transaction is valued at $1.9 billion.
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