Skip to main content
Breaking
Breaking news is temporarily unavailable
Trend Masr logo
العربية
Economy

UAE’s EDGE Completes Acquisition of Controlling Stake in Italy’s CMD

Automated summary•27 October 2026 at 04:45
UAE’s EDGE Completes Acquisition of Controlling Stake in Italy’s CMD

The UAE’s EDGE has completed the acquisition of a controlling stake in CMD S.r.l., an Italian company specialising in prototype design and development and advanced propulsion systems.

CMD serves the automotive, marine and aviation sectors, bringing expertise across three areas of transport technology.

The transaction was signed in Rome, completing an agreement reached in May 2026 at CMD’s facility in Atella, in the Basilicata region of southern Italy.

The acquisition places a controlling interest in the Italian engineering business under EDGE’s ownership. The information provided did not specify the size of the stake or the financial terms of the deal.

This is an automated summary from the available headline and excerpt, not the full story or a claim of human review.

Latest Economy — refreshed every 30 minutes

News refreshes automatically every 30 minutes. Every headline opens inside Trend Masr.