Acquisitions11 Aug 2025, 03:59 pm
Adani Defence & Aerospace to Acquire 100% Stake in Indamer Technics Private Limited
AI Summary
Adani Defence & Aerospace, in partnership with Prime Aero, has signed a binding agreement to acquire a 100% stake in Indamer Technics Private Limited (ITPL), one of India’s leading private-sector Maintenance, Repair, and Overhaul (MRO) companies. The investment is made through Horizon Aero Solutions Limited, a 50-50 venture between Adani Defence & Aerospace and Prime Aero. The partnership brings together Adani's infrastructure and scale with Indamer Technics' extensive technical expertise, reinforcing the platform's position as India’s largest private MIRO network.
Key Highlights
- Adani Defence & Aerospace to acquire 100% stake in Indamer Technics Private Limited through Horizon Aero Solutions Limited
- Horizon Aero Solutions Limited is a 50-50 venture between Adani Defence & Aerospace and Prime Aero
- Indamer Technics is a leading private-sector MRO company in India
- The acquisition will strengthen Adani Defence & Aerospace's capabilities and footprint in the MRO segment
- Indamer Technics has a state-of-the-art facility in Nagpur, built to international aviation standards, spanning 120,000 square meters