Acquiring Company
Baykar
Acquired Company
Piaggio Aerospace
Description
Baykar has finalized the acquisition of Italian aviation firm Piaggio Aerospace, marking a significant move in the aviation industry. The deal was confirmed by Italy's Ministry of Enterprises and Made in Italy. Baykar aims to enhance Piaggio's historical legacy and develop new opportunities in unmanned aircraft. This acquisition is expected to strengthen the market position of both companies.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed