Otokar to acquire Romanian defense firm Automecanica for $101.7M

Turkish defense manufacturer Otokar signed an agreement to acquire 96.77% of Romanian firm Automecanica for an estimated $101.7 million, aiming to expand production in Europe and support armored vehicle production for Romania.

“The acquisition would allow it to transform Automecanica into a European production hub.”turkiyetoday.com

• 1 source
• turkiyetoday.comTurkish Otokar to acquire Romanian defense firm Automecanica - Türkiye TodayNewsroomJan 28, 2026

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