# 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.

- Type: Acquisition
- Announced: 2023-04-20
- Where: Tallinn, Estonia
- Status: completed
- Products: robotics, autonomous systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Edge](https://endata.com/companies/48770.md) (acquirer)
- [Milrem Robotics](https://endata.com/companies/57409.md) (target)

## Sources

- [sorainen.com](https://www.sorainen.com/baltic-deals-of-the-year-2023-milrem-nord-security-oxylabs-and-sunly/), 2023-04-20: "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."

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