# GAZC acquires 70% stake in Pranavam Aerospace

GAZC, a Spanish aerospace components manufacturer, acquired a 70% equity stake in Pranavam Aerospace Private Ltd., an Indian manufacturer of aircraft detail parts and sub-assemblies. The acquisition was announced in September 2024.

- Type: Acquisition
- Announced: 2024-09-30
- Where: Bangalore, India, India
- Status: announced
- Products: machined detail parts for aircraft, sub-assemblies
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [GAZC](https://endata.com/companies/80137.md) (acquirer)
- [Pranavam Aerospace Private Ltd.](https://endata.com/companies/80138.md) (target)

## Sources

- [altios.com](https://altios.com/altios-news/altios-corporate-finance-supports-the-spanish-company-gazc-in-the-acquisition-of-pranavam-aerospace/), 2024-09-30: "This first acquisition outside Spain enhances GAZC’s production capabilities."

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