Wing BidCo S.p.A., controlled by H.I.G. Capital, has initiated a bid to acquire all shares of A.L.A. S.p.A., focusing on delisting from Euronext Growth and enhancing operational efficiency in the aerospace and defense sector.

Target Information

Wing BidCo S.p.A. (the "Offeror"), under the control of H.I.G. Capital, has initiated a mandatory public tender offer to acquire all ordinary shares of A.L.A. S.p.A. ("ALA"). This strategic move includes plans for the subsequent delisting of ALA's shares from the Euronext Growth market.

ALA operates as a global supply chain integrator specializing in critical Class C components. The company provides essential electrical interconnection solutions predominantly for equipment manufacturers, as well as maintenance, repair, and overhaul (MRO) entities, with a significant focus on the aerospace and defense sectors.

Industry Overview

The aerospace and defense industry has shown robust growth, driven by increased demand for advanced technologies and heightened security concerns. Cou