Announced
Completed
Financials
Tags
Electronic Components and Equipment
Private
Acquisition
Domestic
Single Bidder
Spain
Completed
training systems
Majority
Friendly
Synopsis
Indra, a technology and consulting company, completed the acquisition of Simumak, a company specialized in new generation tactical training solutions. Financial terms were not disclosed. “This operation aligns with our strategy of making acquisitions that contribute to further accelerating our international growth in areas with strong potential, both in the civil and military fields. Indra and Simumak are highly complementary in their professional teams as well as in their product lines and customer base. This will allow us to offer a broader portfolio of training solutions and explore important new business opportunities. The collaboration is also expected to multiply development capabilities and bring significant improvements in production times,” Ignacio Mataix, Indra CEO.
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