Airplane flying
Our Work

Latham & Watkins Advises Textron in Acquisition of Electric Aircraft Pioneer Pipistrel

March 17, 2022
Cross-border team across US, Europe, and Asia represents Textron in transformative eAviation deal.

Textron Inc. (NYSE: TXT), home to the Cessna, Beechcraft, and Bell aviation brands, has announced that it has entered into an agreement to purchase Pipistrel, an award-winning pioneer and global leader in electrically powered aircraft, based in Slovenia and Italy.

Latham & Watkins LLP represents Textron in the transaction with a cross-border deal team led by M&A partners Robert Katz in New York and Ravi Purohit in Houston, with associates Morgan Moore, Benjamin Marek, Joshua Blankenship, John Daywalt, Bhavin Shah, and Ben Coleman. Advice was also provided on intellectual property matters by Washington, D.C. counsel Kieran Dickinson, with associate Lyle Stewart; on tax matters by Chicago partner Rene de Vera; on insurance matters by Los Angeles associate Harrison White; on anticorruption matters by New York partner Matthew Salerno; on antitrust matters by Brussels counsel Tomas Nilsson; on Italian corporate law matters by Milan partner Stefano Sciolla, with associates Giovanni Spedicato, Martina Ferraris, and Maria Giulia De Cesari; on regulatory matters by Milan counsel Cesare Milani, with associate Edoardo Cassinelli and trainee Irene Terenghi; on finance matters by Milan associate Eleonora Baggiani; and on China law-related matters by Beijing and Shanghai partner Hui Xu and Shanghai partner Rowland Cheng, with associates Yunfeng Jiang and Yezi Zheng in Shanghai and Chi Ho Kwan in Hong Kong.