# Baykar completes acquisition of Piaggio Aerospace

Turkish defense company Baykar has completed the acquisition of Italian Piaggio Aerospace, including Piaggio Aero Industries and Piaggio Aviation. The deal was finalized at the Italian Ministry of Enterprises.

- Type: Acquisition
- Announced: 2025-07-01
- Where: Villanova d'Albenga and Genoa, Italy
- Status: completed
- Products: unmanned aerial vehicles, aerospace components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Baykar](https://endata.com/companies/82035.md) (acquirer)
- [Piaggio Aerospace](https://endata.com/companies/82036.md) (target)

## Sources

- [beta-m.kathimerini.com.cy](https://beta-m.kathimerini.com.cy/gr/-1/i-baykar-oloklirose-tin-exagora-tis-italikis-piaggio-aerospace), 2025-07-01: "Η ολοκλήρωση της πράξης που κυρώνει την οριστική μεταβίβαση των εταιρικών συγκροτημάτων της Piaggio Aero Industries και της Piaggio Aviation στην τουρκική εταιρεία Baykar ολοκληρώθηκε σήμερα στο υπουργείο Επιχειρήσεων."
- [adj.com.my](https://adj.com.my/2025/07/05/baykar-completes-piaggo-aerospace-acquisition/), 2025-07-05: "Our goal is to revitalise Piaggio Aerospace with a bold industrial vision that builds on its legacy while unlocking its full potential for the future."

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