UAE defence conglomerate EDGE Group announced the acquisition of Tawazun Holdings’ TRUST International Group, a defence trading specialist and major supplier to the UAE Armed Forces and security establishments.
TRUST will join EDGE’s Trading & Mission Support cluster, the company said in a statement.
Founded in 2004, as Hydra Trading. TRUST acts as a supplier and military equipment provider to the UAE armed forces, helping with capability needs assessments, requirement identification, acquisition support, maintenance, repair, and overhaul (MRO) service provision, and partnerships with international companies.
TRUST also specialises in logistics and supply chain services for land, aerial, maritime, C4ISR, and unmanned systems and facilitates the supply of tactical equipment to military and security organisations.
“We are pleased to have TRUST join our Group. As we rapidly expand our defence trading scope, we believe that acquiring TRUST is a logical step toward strengthening sovereign capabilities, extending our supply chain and broadening our opportunities for further growth,” said EDGE Managing Director and CEO, Mansour AlMulla,
The acquisition will allow both organisations to share manufacturing methods and expertise, as well as to provide TRUST with the necessary support to expand its talent base and scope of capabilities for further international reach.
Ahmed Ibrahim, TRUST International Group’s CEO described the acquisition as a strategic move to unlock new opportunities.
“By combining our strengths, resources, and networks, EDGE and TRUST can create a more powerful force in the industry and deliver excellent value to customers and stakeholders. Our joining the Group will further position the UAE as a global leader in defence trading capabilities and an advanced military supplier, supporting the entire defence system,” he said,