Menu

1 / 3

EDGE acquires controlling stake in Italy’s CMD to expand European manufacturing

gulfnews·4 days ago
#Cx7J8o6U
#gulfnews#news#edge#across#development
Reading 0:00
15s threshold

Abu Dhabi:EDGE has completed the acquisition of a controlling stake in CMD S.r.l., a leading Italian company specialised in the design, prototyping and development of advanced propulsion systems for automotive, marine and aeronautical applications.

The transaction, signed in Rome, follows the agreement reached in May 2026 at CMD’s plant in Atella, in the Basilicata region of Southern Italy, and gives EDGE direct access to more than 35 years of piston engine manufacturing excellence, marking a landmark step in the Group’s European expansion.

With EDGE’s backing, CMD is positioned for significant expansion to meet rising demand across the engine market.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.