UAE-based Edge Group acquires 50% stake in Brazil’s SIATT

SIATT specialises in the integration of systems with advanced technological content for defence and aerospace sectors

Edge Group acquires 50 per cent stake in SIATT Image Edge Group

Edge Group, the UAE-based global defence tech company, has acquired a 50 per cent stake in Brazilian smart weapons and high-tech systems specialist, SIATT.

The acquisition deal was inked at SIATT’s headquarters in Sao Jose dos Campos. The acquisition follows a cooperation agreement signed by both companies in Rio de Janeiro in April this year.

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Abdel Nour Hamza

Abdel Nour Hamza

Section Editor of Latin & Gulf Journalist since 2009 Abdel @ latingulf.ae

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