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News: Latest Development With Piaggio Aerospace Potential Purchase

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  1. Piaggio Aerospace Receives Positive Offers To Purchase
    Piaggio Aerospace has been looking for a buyer for a while now but during the wait the airframer has received several Italian government-related contracts that have been keeping the company afloat. The latest news in the saga is that the airframer has received four (4) positive bids to purchase the business complexes of Piaggio Aero Industries and Piaggio Aviation by entities. These are the two companies in extraordinary administration operating under the Piaggio Aerospace brand.
  2. "We have received a wide range of proposals", commented Commissioner Nicastro. "Now the most delicate stage begins, which I hope will lead to identifying the best solution in the interest of Piaggio Aerospace, its employees as well as the company’s creditors". The solicitations to submit offers had been delivered to the five subjects who had explicitly confirmed their interest in purchasing the company and reaffirmed their willingness to take over the business in its entirety. This is the current situation with Piaggio Aerospace.

    For more information:

    Piaggio Aero
    Viale Generale Disegna, 1
    17038 Villanova d’Albenga
    (Savona, Italy)

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