Industrial Manufacturing Logistics & Supply Chain
UAE defense giant EDGE to acquire ‘controlling’ stake in Italian engine maker
Original from BreakingDefense: UAE defense giant EDGE to acquire ‘controlling’ stake in Italian engine maker

UAE defense giant EDGE to acquire ‘controlling’ stake in Italian engine maker

EDGE Group has announced a strategic agreement with CMD to establish a European propulsion hub, a move aimed at enhancing its global industrial presence. Hamad Al Marar, CEO of EDGE Group, emphasized the significance of this partnership in strengthening the company's capabilities in the propulsion sector. The collaboration is expected to bolster EDGE's operational efficiency and expand its technological expertise within the European market. This initiative reflects EDGE's commitment to innovation and growth in the aerospace and defense industries, positioning the company to better serve its clients and partners worldwide.

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Related Suppliers

Janome Industrial Equipment Europe GmbH

German sales subsidiary of Janome Industrial Equipment (Japan), distributing servo presses and desktop/Cartesian robots in Europe since 1984.

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Hsinchu County, Taiwan applied-technology research institute founded 1973; over 6,500 staff developing autonomous mobile robots and AI perception systems.

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