EDGE to Acquire 100% Stake in Brazilian Aerospace Engineering Firm AKAER
12 Articles
12 Articles
Edge, a group of the United Arab Emirates specialized in advanced technology and defense, announced on Thursday (16) an agreement to acquire 100% of Brazilian Akaer. The acquisition is still subject to compliance with the usual previous conditions and applicable regulatory approvals. The value of the business was not disclosed. In a note, Edge said that the acquisition will strengthen its ability to meet the industrialization schedules of strate…
Edge, a group of the United Arab Emirates specialized in advanced technology and defense, announced on Thursday, 16, an agreement to acquire Akaer, a Brazilian aerospace engineering company. The operation still depends on compliance with contract conditions and regulatory approvals. According to Edge, the acquisition will expand its performance in technologies used in drones and other defence equipment, such as camera and sensor observation syst…
After consolidating several strategic partnerships with the Brazilian Industrial Defense Base over the past few years, EDGE Group took a new step in its strategy of international expansion by announcing the purchase of 100% of AKAER, one of the leading Brazilian aerospace engineering firms.The operation not only increases the presence [...] The entry With the purchase of 100% of AKAER, EDGE Group strengthens its industrial presence in Brazil apa…
The group of advanced technology and defense EDGE, of the United Arab Emirates, has announced the acquisition of 100% of the Brazilian aerospace engineering company AKAER, an operation that, after obtaining the corresponding regulatory approvals, will strengthen the engineering capacity of the conglomerate in Latin America and accelerate the development of strategic programs in the defense sector.With more than three decades of experience, AKAER…
EDGE to Acquire Brazilian Aerospace Engineering Firm AKAER
UAE-based defense and advanced technology group EDGE has signed an agreement to acquire a 100 percent stake in Brazilian aerospace engineering company AKAER, expanding its industrial and engineering presence in Latin America. The proposed acquisition remains subject to regulatory approvals and customary closing conditions. Once completed, it would provide EDGE with an established engineering base in Brazil and access to a multidisciplinary workf…
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