Fin­mec­ca­nica ap­proves merger and spin-off oper­a­tions

SP's MAI - - CORPORATE NEWS -

The Board of Di­rec­tors of Fin­mec­ca­nica has ap­proved the merger oper­a­tions in Fin­mec­ca­nica SpA of the com­pa­nies Oto Me­lara SpA and White­head Sis­temi Subac­quei SpA, as well as the par­tial spin-off to Fin­mec­ca­nica SpA of Ale­nia Aer­ma­c­chi SpA, Agus­taWest­land SpA and Selex ES SpA.

Fin­mec­ca­nica is Italy’s lead­ing man­u­fac­turer in the high tech­nol­ogy sec­tor and ranks among the top ten global play­ers in Aerospace, De­fence and Se­cu­rity. Fin­mec­ca­nica’s core busi­ness ac­tiv­i­ties are in the fol­low­ing sec­tors: He­li­copters (Agus­taWest­land), De­fence Elec­tron­ics and Se­cu­rity (Selex ES, DRS Tech­nolo­gies), Aero­nau­tics (Ale­nia Aer­ma­c­chi). The com­pany also has a sig­nif­i­cant po­si­tion in space (Te­lespazio, Thales Ale­nia Space), de­fence sys­tems (Oto Me­lara, WASS, MBDA) and trans­porta­tion (An­saldo STS, An­sal­doBreda).

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