Italy-based Poggipolini Group has acquired a majority stake in Aero Fasteners Pvt. Ltd., entering India’s aerospace and defense manufacturing sector. Financial terms of the deal were not disclosed.

Aero Fasteners, which manufactures critical fastening systems for aeronautics, space and defence applications, will continue to operate under its existing management. The company serves both domestic and international clients.

The acquisition is part of Poggipolini’s strategy to expand its presence in India and strengthen its footprint in the Asia-Pacific region. The partnership is expected to focus on scaling Aero Fasteners’ design and manufacturing capabilities, particularly in high-value fastening systems, while supporting demand from global customers and Indian aerospace OEMs.

“India is a strategic market in our long-term growth journey, as it allows us to serve even better our customers who are increasingly investing in the country, in line with the Make in India policy promoted by the Government of India,” stated CEO Michele Poggipolini.

The companies said the collaboration would also aim to build local manufacturing capabilities and boost exports, while responding to growing domestic demand in India’s aerospace sector.

“This collaboration will not only strengthen our technological and manufacturing capabilities but will also position us as a key player in the global aerospace supply chain,” said Jasmer Lather, managing director of Aero Fasteners.

Founded in 1950, Poggipolini designs and manufactures fastening systems, C-Class components and transmission systems for aeronautics, space, automotive and motorsport sectors. Around 75% of its revenues come from international markets, with aeronautics and space accounting for the majority share.

The company has been expanding globally in recent years, acquiring Aviomec in Italy in 2022 and Houston Precision Fasteners in Texas in 2024.