Leonardo acquisition of Iveco Defence Vehicles
Leonardo bought Iveco's military vehicles business.
- Company
- Iveco Defence Vehicles
- Type
- M&A
- Status
- Completed
- Date
- 18 Mar 2026
- Value
- €1.6bn
- US$ equivalent
- US$1.9bn
- Value basis
- €1.6bn price (€1.7bn enterprise value)
- Region
- Europe
- Segment
- Land systems
Parties
- Leonardo buyer
- Iveco Group seller
Key terms
- Price
- €1.6bn
- Enterprise value
- €1.7bn
Sources
- Leonardo: completes the acquisition of Iveco Group's defence business leonardo.com · 18 Mar 2026
Record DEF-INV-2026-0009. Investments are kept apart from the financings register and never counted in debt totals.
