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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
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.
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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.
