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

Foto: Condor/Divulgação

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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.

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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

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.

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

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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

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.

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

While in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

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