UAE’s EDGE Group acquires 70% stake in defense solution provider GRADEONE

By Arya M Nair, Official Reporter
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EDGE-Fincantieri form JV
Image Courtesy; WAM

EDGE Group has taken a 70 percent stake in Abu Dhabi-based GRADEONE which specializes in manufacturing non-lethal pyrotechnics, ammunition, defense-related components and packing solutions, as well as defense trading.

GRADEONE will join EDGE under its Trading & Mission Support cluster. The announcement comes ahead of the International Defense Exhibition (IDEX) to be held at the Abu Dhabi Exhibition Centre (ADNEC) from 20th to 24th February.

As one of the world’s leading advanced technology and defense groups, EDGE has seized the opportunity to further expand its defense manufacturing, communications, and trading capabilities by incorporating GRADEONE into the Group.

Mansour AlMulla_EDGE acquires GRADEONE
Mansour AlMulla
EDGE Group

“EDGE is rapidly growing, and with it our focus is on the development of defense trading. Incorporating GRADEONE into the Group is an advantageous and logical decision for both companies, allowing EDGE to further perfect our solutions, both in military and safety service domains. It also reinforces EDGE’s strategy of developing successful partnerships, broadening our supply chain and trading capabilities in the long term. GRADEONE’s demonstrated reliability in the region and resiliency in meeting commitments in challenging environments will bring tangible benefits to EDGE, and to customers.”

In addition to defense trading and services, GRADEONE specializes in providing various solutions to the military and defense sectors, including the army, special forces, navy, air force, law enforcement, and search and rescue services. GRADEONE also provides sporting and hunting equipment, supplies and accessories.

Mr. Khalifa Al Ali, Managing Director of GRADEONE, added that “GRADEONE is proud to become a member of EDGE, and we are confident that joining forces with the Group will open new possibilities for mutually beneficial cooperation, as well as help us to improve our capabilities. We are delighted to continue contributing to regional safety with our mutual local and international partners.”

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