Piaggio Aerospace invites bidders to make purchase offer

posted on 25th February 2021 by Eddie Saunders
Piaggio Aerospace invites bidders to make purchase offer

The process for the sale of the business complexes of Piaggio Aero Industries and Piaggio Aviation (the two companies in extraordinary receivership operating under the Piaggio Aerospace brand) enters its final stage.

After the due diligence phase and after having received the relevant authorization from the Italian Ministry for Economic Development, five different entities – spread over three continents – have been formally invited to submit their offers to purchase the business complexes of both companies. The deadline is set at 6 pm on 5 March.