Close Menu
Newsweek ArabiaNewsweek Arabia
    Latest Posts

    Novak Djokovic to miss ATP Finals after early Paris exit

    November 4, 2026

    Emaar makes Dh15-a-share cash offer to take full control of Emaar Development

    November 4, 2026

    NCM records 2.3-magnitude earthquake on the Fujairah coast

    November 4, 2026
    Facebook X (Twitter) Instagram
    Newsweek ArabiaNewsweek Arabia
    Facebook X (Twitter) Instagram
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    Newsweek ArabiaNewsweek Arabia
    Home»Business»EDGE completes acquisition of Brazilian Aerospace Engineering Specialist AKAER
    Business

    EDGE completes acquisition of Brazilian Aerospace Engineering Specialist AKAER

    Editorial teamBy Editorial teamSeptember 4, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email


    ABU DHABI, 4th September, 2026 (WAM) — Following the announcement by EDGE Group and AKAER of the signature of the share purchase agreement at a ceremony in July, EDGE has now completed the acquisition of AKAER, with all customary conditions precedent fulfilled.

    “The completion of this acquisition marks an important milestone for EDGE in Brazil. We look forward to AKAER’s continued contribution to Brazil’s defence ecosystem and to the strength its engineering talent brings to EDGE’s capabilities across the Group,” said Hamad Al Marar, Managing Director and CEO of EDGE Group.

    As part of the transaction, EDGE also announced a minority equity stake which will be held by SIATT, reflecting the corporate structure agreed for the acquisition to preserve AKAER’s status as an Empresa Estratégica de Defesa (EED).

    The transaction expands EDGE’s investment in Brazil and strengthens the country’s local defence industry, advancing strategic technologies and technological sovereignty. It also supports the creation of direct and indirect employment opportunities, as well as the development of national skills and capabilities.

    AKAER will provide EDGE with an established engineering base in Brazil and a highly qualified multidisciplinary team covering the entire product lifecycle, from project design through to industrialisation.

    AKAER already works closely with EDGE on the development and industrialisation of unmanned systems, delivering significant results and establishing a strong foundation for further integration across the Group.

    Source: Emirates News Agency

    Related Posts

    Emaar makes Dh15-a-share cash offer to take full control of Emaar Development

    November 4, 2026

    MoIAT, EDB invite industrial companies in critical sectors to benefit from financing under AED1 billion National Industrial Resilience Fund

    November 4, 2026

    Borouge targets 13.8 MMtpy of operating capacity by 2030

    November 4, 2026
    Don't Miss
    Sports

    Novak Djokovic to miss ATP Finals after early Paris exit

    By Editorial teamNovember 4, 2026

    Novak Djokovic crashed out of the Paris Masters on Wednesday as the 24-time Grand Slam…

    Emaar makes Dh15-a-share cash offer to take full control of Emaar Development

    November 4, 2026

    NCM records 2.3-magnitude earthquake on the Fujairah coast

    November 4, 2026

    EDGE to explore integrating CMD engines into ADSB vessels

    November 4, 2026
    Our Picks

    Novak Djokovic to miss ATP Finals after early Paris exit

    November 4, 2026

    Emaar makes Dh15-a-share cash offer to take full control of Emaar Development

    November 4, 2026

    NCM records 2.3-magnitude earthquake on the Fujairah coast

    November 4, 2026

    EDGE to explore integrating CMD engines into ADSB vessels

    November 4, 2026
    Facebook X (Twitter) Instagram Pinterest
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    • Contact us
    2026. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.