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Kalashnikov Corporation acquires 60% stake in NPO Molniya from Rostec · Endata

◂ Announcements

Aerospace Componentsworld trade 2024+1.2% 5Y CAGR

Sep 28, 2018ACQUISITIONRussia

Kalashnikov Corporation acquires 60% stake in NPO Molniya from Rostec

Rostec agreed to sell a 60% stake in JSC NPO Molniya, a scientific and production enterprise, to Kalashnikov Corporation.

Status

Announced

Productsprecision weaponsassault and sniper riflesguided artillery projectiles

CompaniesRostec partner Kalashnikov Corporation acquirer JSC NPO Molniya target

Sectors#Aerospace Components

“Russia’s state-owned holding company Rostec has agreed to sell a 60% stake in JSC NPO Molniya, a scientific and production enterprise, to Kalashnikov Corporation.”airforce-technology.com

1 source
airforce-technology.comM&As this week: Rostec, Firstmark, PGZ - Airforce TechnologyRaghavi JoshiSep 27, 2018

Summarized from public sources; check the original articles before acting on it.

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