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Announced

Completed

AKKA acquired PDS Tech.

Synopsis

AKKA Technologies acquired PDS Tech. PDS Tech is one of America’s leading players in engineering and R&D services, specialized in aerospace. When AKKA launched its CLEAR 2022 strategic plan in February 2018, it declared its ambition to make the United States the third pillar of its international expansion, alongside France and Germany. This deal will allow AKKA to lay the foundations for its diversification into the aerospace sector in the United States, offering it unparalleled access to major OEMs with a unique recruiting tool. Maurice Ricci, Chairman and CEO of the Group, said: "I look forward to seeing PDS Tech join the AKKA Group. In a rapidly growing outsourced R&D market, this prospective acquisition offers compelling industrial logic, since PDS Tech gives us immediate access to prestigious industrial customers in the aerospace industry, including the largest manufacturers and their supply chain partners in aerospace. AKKA’s unique expertise in autonomous vehicles, cross-sector technologies and future mobility system are perfectly illustrated by our Link&Go and Link&Fly concepts. Our plan is therefore to combine PDS Tech’s great recruiting capacity across the entire United States with our expertise in the field of technology consulting and digital solutions to support US as well as European customers."

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