Add-on Acquisition • Technology Hardware

Saudi Arabian Military Industries Acquires Advanced Electronics Co.

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

Acquisition Context

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

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

Target Company

Advanced Electronics Co.

Riyadh, Saudi Arabia

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 Overview 1

Buyer

Saudi Arabian Military Industries

Riyadh, Saudi Arabia

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 Context for Buyer	#
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 founded in 2021 and is based in Saudi Arabia.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2021-12-05

SFAM

Saudi Arabia

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

Buy

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