# UMBRAGROUP acquires 100% of ERA Electronic Systems

UMBRAGROUP has acquired 100% of ERA Electronic Systems, a strategic supplier of electronic solutions for aerospace and defense. The acquisition aims to support the Group's growth in electrification.

- Type: Acquisition
- Announced: 2023-11-20
- Where: Italy
- Status: completed
- Products: electronic systems for aerospace and defense
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [UmbraGroup](https://endata.com/companies/30961.md) (acquirer)
- [ERA Electronic Systems](https://endata.com/companies/73899.md) (target)

## Sources

- [umbragroup.com](https://www.umbragroup.com/media/news/3586/umbragroup-acquires-100-of-era-electronic-systems-shares), 2023-11-20: "We are announcing a new and important milestone for UMBRAGROUP which is acquiring 100% of ERA Electronic Systems shares which is already a strategic supplier and long-term partner of the Group's electronic solutions."

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