Italy-based Poggipolini Group has acquired a majority stake in Aero Fasteners Pvt. Ltd., marking its entry into India’s aerospace and defence manufacturing sector. The monetary phrases of the deal weren’t disclosed.

Aero Fasteners, which manufactures important fastening techniques for aeronautics, house and defence functions, will proceed to function below its current administration. The corporate serves each home and worldwide shoppers.

The acquisition is a part of Poggipolini’s technique to develop its presence in India and strengthen its footprint within the Asia-Pacific area. The partnership is predicted to give attention to scaling Aero Fasteners’ design and manufacturing capabilities, notably in high-value fastening techniques, whereas supporting demand from international clients and Indian aerospace authentic gear producers (OEMs).

“India is a strategic market in our long-term development journey, because it permits us to serve even higher our clients who’re more and more investing within the nation, consistent with the Make in India coverage promoted by the Authorities of India,” mentioned Michele Poggipolini, chief government of Poggipolini Group.

The businesses mentioned the collaboration would additionally goal to construct native manufacturing capabilities and increase exports, whereas responding to rising home demand in India’s aerospace sector.

“This collaboration is not going to solely strengthen our technological and manufacturing capabilities however can even place us as a key participant within the international aerospace provide chain,” mentioned Jasmer Lather, managing director of Aero Fasteners.

Poggipolini Group designs and manufactures fastening techniques, C-Class parts and transmission techniques for aeronautics, house, automotive and motorsport sectors. Round 75% of its revenues come from worldwide markets, with aeronautics and house accounting for almost all share.

The corporate has been increasing globally in recent times, buying Aviomec in Italy in 2022 and Houston Precision Fasteners in the US in 2024.

New Delhi-based Fusion Capital Advisors acted as monetary advisers to Poggipolini Group on the transaction.