Completed · Italy · Aerospace and defence
Nuburu takes a majority stake in Tekne.
Nuburu, based in Centennial, Colorado, completed on 15 October 2026 the purchase of a further 67.1% of Tekne, an Italian vehicle and electronic systems company in Ortona, through its subsidiary Nuburu Defense, taking its holding to 70%. The fixed price for the shares is EUR 5.2 million, with an earn-out of up to EUR 20 million. The deal completed on 15 October 2026.
Signing 26 May 2026 · Day 100 on 23 January 2027
- Buyer
- Nuburu, Inc. ·Centennial, United States
- Target
- Tekne S.p.A. ·Ortona, Italy
- Type
- Majority stake
- Announced
- 20 May 2025
- Signed
- 26 May 2026
- Completed
- 15 October 2026
- Value
- EUR 5.2 million plus earn-out up to EUR 20 million
- People
- Not stated in the release
- Last checked
- 29 October 2026
The people side in Italy
- In a business transfer involving more than 15 workers, seller and buyer give the unions written notice at least 25 days before completion or any earlier binding agreement. Law 428/1990, article 47
- If the unions ask in writing within seven days, seller and buyer open a joint examination within seven days; consultation ends after ten days without agreement. Law 428/1990, article 47
- A non-EU buyer taking control of an Italian company holding strategic assets, such as in energy, transport or communications, notifies the government within ten days; the government has 45 days to act. Decree-Law 21/2012 (golden power), article 2
- Where combined Italian turnover exceeds EUR 595 million and at least two parties each exceed EUR 36 million in Italy, the deal must be notified to the competition authority (AGCM). AGCM: Soglie di fatturato (turnover thresholds), updated 16 March 2026
- Where the deal needs EU merger clearance, the buyer may not implement it before clearance. EU Merger Regulation (Council Regulation (EC) No 139/2004), article 7
Related deals
- 27 Oct
Hu-Friedy Mfg. Co., LLC (HuFriedyGroup)to
Mectron S.p.A. (dental business)deal page: HuFriedyGroup agrees to acquire Mectron's dental businessSigned
not statedSigningDay 100 - 22 Oct
H.I.G. Capital, L.L.C.to
L4A S.r.l.deal page: H.I.G. Capital takes a majority stake in L4ACompleted
not statedSigningDay 100 - 19 Oct
Red Cat Holdings, Inc.to
Steyr Motors AGdeal page: Red Cat to acquire Steyr MotorsAnnounced
not statedSigningDay 100 - 19 Oct
Platinum Equity, LLCto
Trimedeal page: Platinum Equity agrees to acquire a majority stake in TrimeSigned
not statedSigningDay 100