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[Decision Summary] Approval of Joint Venture between Leonardo and Baykar

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Photo: Fatima Shahid

The Polish Competition Authority has approved the merger between Leonardo S.p.A. and Baykar Makina San. Ve Tic. A.S., allowing them to establish a joint venture without any conditions or remedies.

26.03.2026 | Polish Competition Authority (DKK)


The Polish Competition Authority (UOKiK) has issued Decision No DKK-82/2026 on March 27, 2026, approving the merger between Leonardo S.p.A., based in Rome, Italy, and Baykar Makina San. Ve Tic. A.S., located in Istanbul, Turkey. This decision allows the two companies to create a joint venture as outlined in their application.

The decision was made following an antitrust investigation initiated at the request of the parties involved. Notably, the authority opted not to provide a detailed justification for the decision, as it fully met the requests of the parties and did not involve any contentious interests or appeals.

As a result of this approval, the joint venture can proceed without any imposed conditions or remedies, indicating that the authority found no significant competition concerns arising from the merger.

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