US company Textron acquiring Pipistrel

Ajdovščina, 17 March - US industrial conglomerate Textron, the owner of the Beechcraft, Hawker, and Cessna brands, has signed a deal on the acquisition of the Slovenian maker of ultralight aircraft Pipistrel. Pipistrel founder and CEO Ivo Boscarol will remain a minority owner. The value of the deal has not been disclosed.

Ajdovščina
Unfinished Pipistrel aircraft at its production facility.
Photo: Anže Malovrh/STA

The rest of this news item is available to subscribers.
The news item consists of 2.099 characters (without spaces) or 356 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

mab/aaz/aaz
© STA, 2022