Fabiani, Petrovic, Jeraj, Rejc Attorneys-at-Law has advised the Pipistrel Group on its sale to Textron. Karanovic & Partners advised Textron on the deal. Solo practitioner Matija Premrl reportedly advised the Pipistrel Group as well, with Latham & Watkins reportedly advising Textron.
Pipistrel is an electrically powered aircraft company based in Slovenia and Italy. In 2020, Pipistrel’s Velis Electro was the first electric aircraft to receive full type certification from the European Union Aviation Safety Agency.
Textron Inc is an American industrial conglomerate based in Providence, Rhode Island. Textron’s subsidiaries include Arctic Cat, Bell Textron, Textron Aviation, and Lycoming Engines.
“Pipistrel puts Textron in a uniquely strong position to develop technologies for the sustainable aviation market and develop a variety of new aircraft to meet a wide range of customer missions,” said Textron Chairman and CEO Scott Donnelly.
The Fabiani, Petrovic, Jeraj, Rejc team included Partners Jernej Jeraj, Tomaz Petrovic, and Luka Fabiani, Senior Associate Klavdija Kek, and Junior Associate Martin Pirkovic.
Karanovic & Partners’ team included Partner Igor Angelovski, Senior Associates Nina Krajnc and Kevin Rihtar, and Senior Counsel Sasa Orazem from Ketler and Partners, a member of Karanovic.