US EditionIveco Group transfers its Defence Business to Leonardo to create a European champion in the ...
13 Articles
13 Articles
Price of 1.6 billion. Expected extra dividing
Italian Company Leonardo Completes Purchase of Iveco's Defensive Division, Valued at R$ 1.7 Billion.
The acquired company has production and research facilities in Brazil, and its product portfolio includes light and medium armored vehicles, heavy armored platforms, and logistics and tactical vehicles.
Iveco Group transfers its Defence Business to Leonardo to create a European champion in the ...
Turin, 18h March 2026. Iveco Group N.V. (EXM: IVG) announces that the full ownership of its Defence Business (IDV and ASTRA brands) has been transferred today to Leonardo S.p.A. (EXM: LDO), a leading European defence and security company, as per…
Leonardo Completes €1.6 Billion Acquisition of Iveco Group's Defence Business
Leonardo has completed the acquisition of Iveco Group’s Defence Business, comprising the Iveco Defence Vehicles (IDV) and ASTRA brands, for a final price of €1.6 billion. The deal, financed entirely from Leonardo’s existing cash reserves, marks a transformative step in the company’s strategy to become a fully integrated land defence Original Equipment Manufacturer (OEM) in Europe. The final price reflects the previously disclosed enterprise valu…
Leonardo completes €1.6 billion acquisition of Iveco military vehicle business
The acquisition represents a significant step in Leonardo’s strategy to strengthen its role as a leading and fully integrated original equipment manufacturer in the land defence sector. By integrating the newly acquired capabilities, the company aims to expand its portfolio of defence and security solutions covering both tracked and wheeled military platforms. “The acquisition strengthens our position as a leading player in the land defence sect…
Coverage Details
Bias Distribution
- 43% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
