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Avio

IT

Avio S.p.A. is an Italian aerospace company specializing in space propulsion and launch systems. As the prime contractor for the Vega rocket family, including Vega and Vega C, Avio provides launch services for institutional, governmental, and commercial payloads. They are also a subcontractor for the Ariane program, supplying components like boosters and stage separation motors and partners with organizations like the European Space Agency (ESA). Associated keywords include: space launchers, solid-propellant motors, liquid propulsion, Vega, Vega C, Ariane, ESA.

commercialFounded 1912
History · 1 eventAug 1, 2013 · GE acquires Avio's aviation division (becomes Avio Aero); space/launcher business continues as Avio S.p.A.
Rome, Italy
www.avio.com/
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Organization history

Identity changes, mergers, acquisitions, splits, and transferred business lines.

1 event

  1. Aug 1, 2013Divestiture

    GE acquires Avio's aviation division (becomes Avio Aero); space/launcher business continues as Avio S.p.A.

    Source
    Seller
    Avio
    Buyer
    General Electric
    Event context

    General Electric agreed in Dec 2012 to acquire the aviation (aircraft-engine components) division of Italy's Avio S.p.A.; the deal closed Aug 1, 2013 for EUR3.3 billion, becoming GE Avio Aero (part of GE Aerospace). Avio's space/launcher division (Vega rocket prime contractor, Ariane subcontractor) was not part of the sale and continued as the independent Avio S.p.A., owned by Cinven and Leonardo.

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