M&A Deal Summary

Saudi Arabian Military Industries Acquires Advanced Electronics

On June 24, 2019, Saudi Arabian Military Industries acquired technology hardware company Advanced Electronics

Acquisition Highlights
  • This is Saudi Arabian Military Industries’ 1st transaction in the Technology Hardware sector.
  • This is Saudi Arabian Military Industries’ 1st transaction in Saudi Arabia.

M&A Deal Summary
Date 2019-06-24
Target Advanced Electronics
Sector Technology Hardware
Buyer(s) Saudi Arabian Military Industries
Deal Type Add-on Acquisition

Target

Advanced Electronics

Riyadh, Saudi Arabia
website
Advanced Electronics Co. Ltd. is specializing in engineering, development, manufacturing, repair and technical support across defense, Information Communications Technology (ICT), energy, cybersecurity and high-tech fields.

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Buyer(S) 1

Buyer

Saudi Arabian Military Industries

Riyadh, Saudi Arabia

website

Category Company
Sector Defense
DESCRIPTION

Saudi Arabian Military Industries is a state-owned ?military industries company develop ?military products and services at par with international standards across four business ?divisions – Aeronautics, Land Systems, Weapons and Missiles, and Defense Electronics.

DEAL STATS #
Overall 1 of 2
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Saudi Arabia) 1 of 2
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-05 SFAM

Saudi Arabia

SFAM is a manufacturing facility producing aircraft structural components. SFAM formed in 2021 and is based in Saudi Arabia.

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