Teoresi’s first overseas deal: it strengthens its position in the aerospace and defence sectors with Delta System
The engineering firm acquires the German company and strengthens its ‘safety-critical’ services, with applications ranging from civil aviation to defence
This marks the first overseas acquisition for Teoresi, a Turin-based engineering firm, which has acquired Delta System Solutions in Germany – a German company specialising in the safety assessment of systems engineering projects in ‘safety-critical’ sectors within the aerospace industry. “The deal strengthens the Group’s expertise in the safety of complex systems and in the certification and compliance of solutions within the aerospace sector,” the Group states in a press release. Through its German subsidiary, Teoresi GmbH, the Group is consolidating its presence in Germany: since 2023, turnover has grown by an average of 9.2 per cent, and further growth of 10.8 per cent is forecast by the end of the year.
The transaction marks a key milestone in Teoresi’s international expansion: following the organic growth that led to the opening of offices not only in Germany but also in Switzerland and the United States, this acquisition consolidates the group’s international presence and enables it to strengthen its foothold in the German market, thanks in part to the presence of Delta System Solutions in Munich and Wildau, near Berlin.
From a skills perspective, the deal enables the company to enhance its range of services relating to systems engineering, incorporating specialisms in functional safety – the set of analyses, calculations and assessments required to ensure the safety of a complex system – in RAMS analyses (reliability, availability, maintainability and safety) and in support for the certification and compliance processes of aerospace solutions.
“Thanks to Delta’s specialised portfolio, we are expanding the range of services we offer to customers worldwide and the opportunities in the aerospace sector, further establishing the Group’s position in aerospace and in the field of safety for critical and complex systems,” emphasises Francesco Cianelli, CEO of Teoresi GmbH and CFO of the Teoresi Group.
Delta System Solutions, in particular, draws on the expertise of a team of 17 engineers specialising in the assessment of safety and reliability for complex systems and subsystems in high-risk (safety-critical) sectors to examine and analyse the interactions between hardware, software and mechanical components, in support of certification processes, with applications across various sectors, from civil aviation to defence (next-generation advanced air mobility systems – including unmanned aerial vehicles (UAVs), electric vertical take-off and landing (eVTOL) aircraft – as well as electric, hybrid and hydrogen propulsion systems).
