EDGE Group acquires majority stake in Milrem Robotics

EDGE Group, an advanced technology and defence group from the UAE, acquired a majority stake in Estonia's Milrem Robotics, a developer of robotics and autonomous systems. The transaction is the largest foreign investment in Estonian defence.

“The Baltic M&A Deal of the Year is the acquisition of a majority stake in Estonia’s Milrem Robotics by the United Arab Emirates’ EDGE Group.”sorainen.com

• 1 source
• sorainen.comBaltic Deals of the Year 2023: Milrem, Nord Security, Oxylabs and Sunly - SorainenEva BerlausApr 20, 2023

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