# Leonardo acquires 30% stake in GEM elettronica

Leonardo announced on 21 April 2021 that it has taken a 30% stake in Italian company GEM elettronica for an undisclosed price. The agreement includes an option to acquire full control in 2024 and a commercial and industrial agreement for joint R&D into naval technology.

- Type: Acquisition
- Announced: 2021-04-21
- Where: Italy
- Status: completed
- Products: 3D radars, EO sensors, inertial systems
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Leonardo](https://endata.com/companies/18893.md) (acquirer)
- [GEM elettronica](https://endata.com/companies/54628.md) (target)

## Sources

- [shephardmedia.com](https://www.shephardmedia.com/news/digital-battlespace/leonardo-acquires-stake-gem/), 2021-04-22: "Leonardo will be able to expand and diversify its offer and improve the engineering, production and marketing of products in different bands to those in Leonardo’s existing portfolio."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.