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EDGE acquires controlling stake in CMD Group

PRIVATEOct 27, 2026

Acquiring Company

EDGE

Acquired Company

CMD Group

Abu DhabiBasilicataManufacturingAutomotive

Description

EDGE has completed the acquisition of a controlling stake in CMD, an Italian propulsion systems company, following an agreement reached in May 2026. CMD's current shareholders retain a significant minority stake and continue in key management roles. EDGE plans to invest in CMD's manufacturing capacity and research and development, with engines for its unmanned aerial systems as an immediate priority.

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Company Information

Company

EDGE

Location

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

About

EDGE is a United Arab Emirates-based advanced technology and defence group with a growing portfolio of companies, joint ventures and strategic partnerships across Europe. The group focuses on engineering, Industry 4.0, power solutions and unmanned systems. It launched EDGE Europe in Paris in June 2026 to build and develop technology on European soil.

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Frequently asked

Who acquired CMD Group?

CMD Group was acquired by EDGE, based in Abu Dhabi. The deal was reported on October 27, 2026. EDGE is a United Arab Emirates-based advanced technology and defence group with a growing portfolio of companies, joint ventures and strategic partnerships across Europe. EDGE is privately held.

When did EDGE acquire CMD Group?

EDGE's acquisition of CMD Group was reported on October 27, 2026. EDGE has completed the acquisition of a controlling stake in CMD, an Italian propulsion systems company, following an agreement reached in May 2026. CMD's current shareholders retain a significant minority stake and continue in key management roles. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CMD Group do?

CMD is a leading Italian company specialised in the design, prototyping and development of advanced propulsion systems for automotive, marine and aeronautical applications. It has more than 35 years of piston engine manufacturing experience. It is privately held, operating in Manufacturing, and is based in Basilicata.

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