Leonardo finalizes acquisition of control in GEM Elettronica, increasing stake to 65%
Acquiring Company
Leonardo Art Holdings GmbH
Acquired Company
GEM Elettronica
San Benedetto del TrontoManufacturingAerospaceConstructionSecurityDescription
Leonardo has successfully completed the acquisition of control in GEM Elettronica for approximately € 16 million. With this acquisition, Leonardo now holds 65% and the control of the company, aiming to strengthen its portfolio of radar and systems for naval and coastal applications as part of its strategic objectives outlined in the Industrial Plan.
Quick answer
Leonardo Art Holdings GmbH is acquiring GEM Elettronica, announced September 23, 2024.
- How much did Leonardo Art Holdings GmbH pay for GEM Elettronica?
- The deal value was not disclosed.
- What does Leonardo Art Holdings GmbH do?
- Leonardo Art Holdings GmbH is a holding company focused on strategic investments in the art sector.
- Where are Leonardo Art Holdings GmbH and GEM Elettronica based?
- GEM Elettronica is based in San Benedetto del Tronto, Marche, Italy.
- Who are the decision-makers at Leonardo Art Holdings GmbH?
- Fundz holds 1 contact at Leonardo Art Holdings GmbH. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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When Leonardo Art Holdings GmbH changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired GEM Elettronica?
GEM Elettronica was acquired by Leonardo Art Holdings GmbH. The deal was reported on September 23, 2024. Leonardo Art Holdings GmbH is a holding company focused on strategic investments in the art sector. It aims to create long-term ownership structures to enhance growth opportunities for its acquired entities. Leonardo Art Holdings GmbH is privately held and operates in Manufacturing.
When did Leonardo Art Holdings GmbH acquire GEM Elettronica?
Leonardo Art Holdings GmbH's acquisition of GEM Elettronica was reported on September 23, 2024. Leonardo has successfully completed the acquisition of control in GEM Elettronica for approximately € 16 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does GEM Elettronica do?
GEM Elettronica is a company focusing on the development and production of navigation systems, situational awareness, radar sensors, optronic and inertial sensors used in military naval domain and coastal surveillance. It is privately held, operating in Security, and is based in San Benedetto del Tronto.
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