EDGE Becomes a Global Player in Non-Lethal Technologies by Acquiring Industry Leader CONDOR
EDGE, one of the world’s leading advanced technology and defence groups, today announced the acquisition of 51% of Brazil-based CONDOR Non-Lethal Technologies (CONDOR), one of the top five industry leaders in Non-Lethal Technologies (NLT) worldwide.
- EDGE, one of the world’s leading advanced technology and defence groups, today announced the acquisition of 51% of Brazil-based CONDOR Non-Lethal Technologies (CONDOR), one of the top five industry leaders in Non-Lethal Technologies (NLT) worldwide.
- Together, both companies plan to expand market share in different NLT segments globally, and to enter new strategically important markets such as the USA.
- The historic deal was signed in Sao Paulo, and was witnessed by the senior leadership teams of both companies.
- Hamad Al Marar, EDGE Group Managing Director & CEO, said: “This is a hugely significant development for EDGE.