US pioneer in high-tech ball screws goes Italian
Deal Flash
Oaklins’ team in Italy and our aerospace & defense specialist in the US have advised UmbraGroup S.p.A., the world leader in the manufacture of high-tech recirculating ball screws, on the acquisition of US-based Thomson Aerospace & Defense from British giant Meggitt PLC.
This acquisition will consolidate the Italian presence in a highly technological and innovation-driven sector in the US and will boost its international prestige and standing.
Read more about the transaction, market trends, deal drivers and M&A valuation aspects.