# Duofu Group acquires Italian helicopter firm Fama

Chinese firm Duofu Group's aviation unit acquired Italian helicopter company Fama, making it a wholly-owned subsidiary. Duofu Aviation also announced a 5 billion yuan investment plan to build a complete aviation industrial chain including R&D, production, sales and operation.

- Type: Acquisition
- Announced: 2022-06-29
- Where: Milan, Italy, Italy
- Status: completed
- Products: helicopters, helicopter engines, unmanned aerial vehicles, electric vertical take-off and landing aircraft
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Duofu Group](https://endata.com/companies/63770.md) (acquirer)
- [Fama](https://endata.com/companies/63771.md) (target)

## Sources

- [globaltimes.cn](https://www.globaltimes.cn/page/202206/1269377.shtml), 2022-06-29: "Fama will become a wholly-owned subsidiary of Duofu, with all of its business links including research and development (R&D), production, sales and intellectual property rights all being acquired."

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