◂ Announcements

Sep 10, 2019ACQUISITIONIsrael

Rafael acquires 50% stake in Kanfit

Rafael Advanced Defense Systems Ltd. acquired a 50% stake in Israeli aerospace engineering company Kanfit Ltd., making Kanfit a subsidiary. The deal is valued at tens of millions of shekels.

Status

Completed

ProductsUAV componentsprimary and detailed partssubassembliesready-to-fly assemblies

CompaniesRafael Advanced Defense Systems acquirer Kanfit Ltd. target

Sectors#Aerospace Components

“Kanfit is considered a leading global supplier for UAV components.”calcalistech.com

1 source
calcalistech.comRafael Buys 50% Stake in Aerospace Engineering Company Kanfit - CTechGolan HazaniSep 10, 2019

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

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Rafael acquires 50% stake in Kanfit · Endata