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KAYSER ITALIA

Acquired by

FAE TECHNOLOGY

ITALY Aerospace, Naval & Defense EV [1m EUR - 100m EUR] 12/2025

Target

KAYSER ITALIA

Acquirer

FAE TECHNOLOGY

Context

FAE Technology S.p.A. has completed the first closing for the acquisition of 100% of the share capital of Kayser Italia S.r.l. and Kayser Space Ltd. This transaction officially marks the launch of the FAE Technology Space Division, a new business unit dedicated to supporting space exploration and microgravity research. The integration aims to combine Kayser’s specialist aerospace expertise with FAE’s industrial and technological infrastructure to serve the growing demand for LEO infrastructure and orbital services. The strategic rationale is to position FAE as a primary Italian player in the New Space Economy, bridging the gap between standard industrial electronics and mission-critical space hardware.

KAYSER ITALIA, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN discount to the 8.7x average currently observed in the Industry & Manufacturing sector.

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Kayser Italia is a premier Italian system integrator and manufacturer specialized in the design and development of high-reliability technological solutions for the aerospace sector. The organization is a key player in microgravity research, providing sophisticated hardware and software for space exploration and low Earth orbit (LEO) activities. Its business model centers on supplying integrated systems for life science experiments, physical science research, and satellite instrumentation to major space agencies and private aerospace contractors. With a wholly owned subsidiary in the UK (Kayser Space Ltd.), the entity offers specialized manufacturing services and end-to-end support for complex space research programs. Its value proposition is anchored in the "New Space Economy," focusing on the miniaturization of electronics and specialized sensors capable of operating in extreme orbital environments.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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EBITDA
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2024
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2023
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Other operations with KAYSER ITALIA

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