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Advent International Completes EUR109 Million Investment in Avio

MT Newswires·09/25/2026 00:33:13
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12:33 AM EDT, 09/25/2026 (MT Newswires) -- Avio (AVIO.MI) said Thursday that funds managed by Advent International completed a 109.4 million-euro investment in the Italian aerospace company through a reserved capital increase. Advent, through its Vantage HYP unit, subscribed for 3,275,268 new Avio shares at 33.40 euros apiece, giving it a 6.54% stake in the Milan-listed company following the issuance. The transaction, intended to support Avio's long-term growth in Italy and US expansion plans, closed after receiving clearance under Italy's Golden Power Regime.