Adani Defence & Aerospace to acquire Air Works India (Engineering) Private Limited for an Enterprise Value of INR 400 Crore
Ahmedabad, 23 December 2024: Adani Defence Systems & Technologies Ltd. (ADSTL) has signed a share purchase agreement to acquire 85.8% shareholding in Air Works, India’s largest private sector MRO company with the largest pan-India footprint. Air Works offers an end-to-end bouquet of aviation services spanning line maintenance, heavy checks, interior refurbishment, painting, redelivery checks, avionics […]