EM&E Group, a leader in innovation and technology in the defense and security sectors, has raised its stake in Indra to 14.3% of the IBEX 35 listed company. The company, which was already Indra’s leading industrial partner and second largest shareholder only behind SEPI, has now increased its stake by 6%, strengthening its position in the company.
In the current geopolitical context, EM&E thereby demonstrates its firm commitment to the growth and development of the technology industry and consolidates its presence in the strategic sectors of defense, aerospace and security, strengthening synergies with Indra, a key player in these sectors.
EM&E, with an estimated turnover of more than 300 million euros in 2024, more than 60% of which will come from the international market, is thus expanding its influence and responding to the high global demand for remote weapon stations, ammunition guidance systems, anti-drone solutions, robots and border surveillance systems, solutions in which it is a European and international reference.
With an order book of more than 1 billion euros, EM&E has recently renewed its BBB rating, a recognition that accredits its solvency to undertake corporate operations and which only 8% of audited companies achieve.
Founded in 1989, EM&E has based its growth on a strategy of vertical integration of capabilities and technologies and a strong commitment to investment in R&D, which has enabled it to position itself at the technological forefront in the development of complex defense systems with high reliability and added value.
With a workforce of almost 1,300 professionals and a clear commitment to territorial cohesion, with centers in Madrid, Huesca, Cordoba, Asturias, Cadiz and Valencia, the Group is consolidating the various investments it has made this year. These include the acquisition of new infrastructures, the creation of the new electronics subsidiary EM&E Electronics and the companies it will integrate, as well as the incorporation of new strategic capabilities such as robotics and photonics.
With its 14.3% stake in Indra, the EM&E Group consolidates its commitment to strengthening the Spanish industrial fabric and contributing to improving Spain’s competitiveness in the global defense and security sector.
Be the first to comment