JV/AcquisitionAcquisition

AXISCADES Technologies is making a big strategic shift, divesting its Aerospace Engineering Services business to Akkodis Group for up to USD 206.30 million.

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AXISCADES Technologies LimitedAXISCADES · Filed with the exchange

This significant move sees AXISCADES selling off a segment that contributed 31% to its FY25 consolidated turnover (around 322.59 Cr) and 11.3% to its net worth.

The deal will be phased, with Akkodis initially taking a 51% stake and acquiring the remaining 49% after two years.

The goal?

To redeploy capital into new tech acquisitions, boost manufacturing in aerospace, defense, and ESAI, and strengthen the balance sheet for aggressive future growth.

Read the original filing(PDF)

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