GE Buys Avio From Cinven for $4.3 Billion to Secure Supply Chain

GE Buys Avio From Cinven for $4.3 Billion to Secure Supply Chain

Alessia Pierdomenico/Bloomberg

Avio’s space business, which includes the prime contractor role on the European Vega launcher, will not see a change of ownership, with Cinven and minority investor Finmeccanica planning to establish industrial alliances for the unit.