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Leonardo acquires IVECO Defence Business for €1.6B

Mar 18, 2026

Acquiring Company

Leonardo S.p.A

Acquired Company

Iveco Group N.V

RomeGermanyManufacturingSecurityAerospaceManufacturingTransportationLogistics

Description

Leonardo has completed the acquisition of IVECO Group’s Defence Business for €1.6 billion. This acquisition is part of Leonardo's strategy to enhance its position in the land defence sector. The deal improves joint commercial positioning and offers integrated solutions in high-potential markets. It also provides technological synergies and strengthens operational capabilities.

Quick answer

Leonardo S.p.A is acquiring Iveco Group N.V for $1.7 billion, announced March 18, 2026. Leonardo S.p.A is based in Rome, Lazio, Italy.

How much did Leonardo S.p.A pay for Iveco Group N.V?
The reported deal value is $1.7 billion.
What does Leonardo S.p.A do?
Leonardo S.p.A. is an Italian aerospace, defense, and security company.
Where are Leonardo S.p.A and Iveco Group N.V based?
Leonardo S.p.A is based in Rome, Lazio, Italy. Iveco Group N.V is based in Germany.
Who are the decision-makers at Leonardo S.p.A?
Fundz holds 2 contacts at Leonardo S.p.A. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Security and Aerospace

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Company Information

Company

Leonardo S.p.A

Location

Rome, Lazio, Italy

About

Leonardo S.p.A. is an Italian aerospace, defense, and security company. It is a global player in the aerospace and defense sectors. The company focuses on high technology and offers a wide range of products and services.

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Frequently asked

Who acquired Iveco Group N.V?

Iveco Group N.V was acquired by Leonardo S.p.A, based in Rome. The deal was reported on March 18, 2026. Leonardo S.p.A. is an Italian aerospace, defense, and security company. It is a global player in the aerospace and defense sectors. The company focuses on high technology and offers a wide range of products and services. Leonardo S.p.A is privately held and operates in Manufacturing.

When did Leonardo S.p.A acquire Iveco Group N.V?

Leonardo S.p.A's acquisition of Iveco Group N.V was reported on March 18, 2026. Leonardo has completed the acquisition of IVECO Group’s Defence Business for €1.6 billion. This acquisition is part of Leonardo's strategy to enhance its position in the land defence sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Iveco Group N.V do?

Iveco Group N.V. is a European leader in commercial vehicles and mobility, specializing in the manufacturing of trucks, vans, and buses. The company is dedicated to sustainability and innovation in its vehicle offerings. It is privately held, operating in Manufacturing, and is based in Germany.

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