Milrem Robotics Triumphs at the Baltic Awards: A Game-Changer in M&A!
EDGE’s procurement of Milrem Robotics, Europe’s foremost innovator in robotics and autonomous technologies, has been acknowledged as the ‘Baltic M&A Transaction of the Year’ during the Baltic M&A and Private Equity Forum 2023, which took place in the capital of Latvia, Riga. The takeover of the majority stake in Milrem Robotics by EDGE, recognized as one of the globe’s fastest expanding and top-tier advanced tech and defense conglomerates, represents the most substantial foreign investment in Estonia’s burgeoning defense sector.
Presented to Kuldar Väärsi, the Founder and CEO of Milrem Robotics, this accolade celebrates the strategic investment and smooth integration of Milrem Robotics into EDGE, which promises substantial economic advancement, fosters international expansion, and propels industry-leading technologies and solutions.
