# Adani Defence & Aerospace acquires 25% stake in Alpha Design Technologies

Adani Defence & Aerospace acquired a 25% stake in Bengaluru-based Alpha Design Technologies for an estimated 400 crore ($55.9m). The transfer of shares was actioned after signing the agreement in New Delhi on December 13, 2018.

- Type: Acquisition
- Announced: 2019-01-15
- Where: Bengaluru, India, India
- Value: $55.9M
- Status: completed
- Products: aero structures for helicopters and fighter aircraft, defence electronics
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Alpha Design Technologies](https://endata.com/companies/36144.md) (target)
- [Adani Defence & Aerospace](https://endata.com/companies/36696.md) (acquirer)

## Sources

- [sps-aviation.com](https://www.sps-aviation.com/news/?catId=1&h=Air-Force-Day-celebration-at-Air-House&id=386), 2019-01-15: "Adani Defence & Aerospace has acquired a 25 per cent stake in Bengaluru-based Alpha Design Technologies for an estimated 400 crore ($ 55.9m)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.