Adani Defence Systems and Technologies Limited (ADSTL), in partnership with Prime Aero Services LLP, has signed a definitive agreement to acquire a 100% stake in Indamer Technics Private Limited (ITPL).

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Adani Defence, Prime Aero to acquire Indamer Technics in MRO expansion
www.itln.in

Adani Defence, Prime Aero to acquire Indamer Technics in MRO expansion

The acquisition aims to expand the partners’ MRO network in India and will include ITPL’s facility in Nagpur, Maharashtra.

Adani Defence Systems & Technologies (ADSTL) has signed a share purchase agreement to acquire 85.8 percent shareholding in Air Works, India’s largest private sector MRO company with the largest pan-India footprint.

#adanidefenceaerospace #airworksindia #mro #adanidefence #india #panindia #adanidefencesystems #adstl

Adani Defence to acquire majority stake in Air Works
www.itln.in

Adani Defence to acquire majority stake in Air Works

Deal at enterprise value of Rs 400 crore; acquisition enhances Adani’s capabilities in defence MRO sector.