◂ Announcements

Dec 13, 2018ACQUISITIONIndia

Adani Enterprises acquires Alpha Design Technologies for ₹400 crore

Adani Enterprises Ltd acquired Alpha Design Technologies Pvt Ltd for ₹400 crore in an all-cash deal, strengthening its position in the defence sector.

Value

$56.0M (4.00B INR)

Status

Completed

Productsdefence electronicsavionicsaero-structure assembliesspace and satellite systemssimulators

CompaniesAdani Enterprises acquirer Alpha Design Technologies target

Sectors#Aerospace Components

“The acquisition strengthens Adani’s positioning in the defence sector.”thehindubusinessline.com

1 source
thehindubusinessline.comAdani Enterprises acquires Alpha Design for ₹400 crOur BureauDec 13, 2018

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

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Adani Enterprises acquires Alpha Design Technologies for ₹400 crore · Endata