# Spanish government approves sale of ITP Aero to Bain Capital consortium

Rolls-Royce announced that the Spanish government approved the sale of ITP Aero to a consortium led by Bain Capital Private Equity at an enterprise value of approximately €1.8 billion, completing the disposal programme.

- Type: Acquisition
- Announced: 2022-08-03
- Where: Spain
- Value: $1.84B (1.80B EUR)
- Status: completed
- Products: aerospace components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Rolls-Royce](https://endata.com/companies/984.md) (partner)
- [Bain Capital Private Equity](https://endata.com/companies/1255.md) (acquirer)
- [ITP Aero](https://endata.com/companies/3897.md) (target)

## Sources

- [rolls-royce.com](https://www.rolls-royce.com/media/press-releases/2022/03-08-2022-spanish-government-approves-sale-of-itp-aero.aspx), 2022-08-03: "Rolls-Royce (LSE:RR., ADR:RYCEY) announces that the Spanish government has approved the sale of ITP Aero to a consortium of investors led by Bain Capital Private Equity."

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