1. Home
  2. / Industry
  3. / Edge Group, UAE State Defense Giant, Acquires 51% of Condor, Renowned Brazilian Manufacturer Specializing in Non-Lethal Technologies, As Part of Its Expansion Strategy in Brazil
Reading time 2 min of reading Comments 0 comments

Edge Group, UAE State Defense Giant, Acquires 51% of Condor, Renowned Brazilian Manufacturer Specializing in Non-Lethal Technologies, As Part of Its Expansion Strategy in Brazil

Written by Rafaela Fabris
Published on 03/05/2024 at 12:35
Edge Group, gigante estatal de defesa dos Emirados Árabes Unidos, comprou 51% da Condor, renomada fabricante brasileira especializada em tecnologias não letais, como parte de sua estratégia de expansão no Brasil
Foto: Condor/Divulgação
Seja o primeiro a reagir!
Reagir ao artigo

Condor, Known for Its Production of Tear Gas and Other Crowd Control Products, Is Present in Over 85 Countries and Will Be a Platform for Edge Group to Strengthen Its Global Position in the Sector, as Well as Transform Brazil into a Hub for Weapons Exportation.

The Acquisition of Condor by Edge Group Is a Strategic Move Aimed at Solidifying the UAE Company’s Presence in the Brazilian Market and Expanding Its Global Reach, Particularly in the United States, Where Condor Already Has a Strong Presence. Located in Rio de Janeiro, Condor Is a World Leader in the Production of Tear Gas and Other Crowd Control Products, with a Portfolio that Includes Over 160 Items Distributed in More Than 85 Countries.

This Purchase Marks Edge’s Second Major Bet in Brazil, Following Its Acquisition of a Stake in Siatt, a High-Tech Defense Systems Company. As a Result, Siatt Plans to Open a New Factory in São José dos Campos, SP, to Manufacture Long-Range Anti-Ship Missiles, in Collaboration with the Brazilian Navy.

Edge Group Aims to Expand Its Activities in Latin America and Africa, Taking Advantage of Brazil’s Productive Capacity

YouTube video

In Addition to Strengthening Its Position in the Non-Lethal Weapons Sector, Edge Plans to Expand Its Activities in Latin America and Africa, Taking Advantage of Brazil’s Productive Capacity and Its More Flexible Export Laws. The Company Also Opened an Office in Brasília, Reinforcing Its Commitment to Growth in the Region.

Carlos Erane de Aguiar, Founder and President of Condor, Will Remain at the Helm of the Company, Emphasizing That the Partnership with Edge Will Not Only Facilitate Condor’s International Expansion but Also Bring Benefits to the Defense and Public Security Sector in Brazil. The Collaboration Is Seen as Key to Overcoming Logistical and Market Challenges, Allowing Condor to Explore New Territories.

Edge Group Sees Its Alliance with Brazilian Companies as a Strategy to Increase Its Global Influence in the Defense Sector, While Promoting Strengthening the Brazilian Industry with Substantial Investments and Technology Transfer.

Inscreva-se
Notificar de
guest
0 Comentários
Mais recente
Mais antigos Mais votado
Feedbacks
Visualizar todos comentários
Tags
Rafaela Fabris

Fala sobre inovação, energia renováveis, petróleo e gás. Com mais de 1.200 artigos publicados no CPG, atualiza diariamente sobre oportunidades no mercado de trabalho brasileiro. Sugestão de pauta: rafafabris11@gmail.com

Share in apps
0
Adoraríamos sua opnião sobre esse assunto, comente!x