M&A Deal Summary

EDGE Group Acquires Condor Non-Lethal Technologies

On May 1, 2024, EDGE Group acquired defense company Condor Non-Lethal Technologies

Acquisition Highlights
  • This is EDGE Group’s 1st transaction in the Defense sector.
  • This is EDGE Group’s 1st transaction in Brazil.

M&A Deal Summary
Date 2024-05-01
Target Condor Non-Lethal Technologies
Sector Defense
Buyer(s) EDGE Group
Deal Type Add-on Acquisition

Target

Condor Non-Lethal Technologies

Nova Iguacu, Brazil
Condor Non-Lethal Technologies is an exporter of defence related solutions and is specialised in Non-Lethal Technologies (NLT). The company’s manufacturing facility covers one million square metres, and includes eighteen research laboratories and its own pioneering Institute of Science and Technology, dedicated to the research, innovation, and manufacture of NLT devices and systems. Condor Non-Lethal Technologies was founded in 1985 and is based in Nova Iguacu, Brazil.

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Buyer(S) 1

Buyer

EDGE Group

Abu Dhabi , United Arab Emirates
Category Company
Founded 2019
Sector Defense
DESCRIPTION

EDGE Group is a advanced technology groups, established to develop agile, bold and disruptive solutions for defence and beyond, and to be a catalyst for change and transformation. It is dedicated to bringing breakthrough innovations, products, and services to market with greater speed and efficiency. EDGE Group was founded in 2019 and is based in Abu Dhabi, United Arab Emirates.

DEAL STATS #
Overall 1 of 1
Sector (Defense) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Brazil) 1 of 1
Year (2024) 1 of 1
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