Acquiring Company
Akkodis
Acquired Company
AXISCADES Technologies Limited
Switzerland
BengaluruManufacturingDescription
AXISCADES Technologies Limited has agreed to sell its engineering services business to Akkodis for USD 30.63 million. This divestment is part of AXISCADES' strategic objective to transition to a focused aerospace manufacturing platform. The transaction will see payment made in three tranches, with specific terms for earnout contingent on achieving EBITDA thresholds. The deal is expected to close within five months, enabling AXISCADES to enhance its strategic alignment and shareholder value.
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M&A Insights
Based on deal dataFrequently asked
Who acquired AXISCADES Technologies Limited?
AXISCADES Technologies Limited was acquired by Akkodis, based in Switzerland. The deal was reported on September 13, 2026. Akkodis is a global digital engineering company and Smart Industry leader, providing Consulting, Solutions, Talent, and Academy services. Akkodis is privately held.
When did Akkodis acquire AXISCADES Technologies Limited?
Akkodis's acquisition of AXISCADES Technologies Limited was reported on September 13, 2026. AXISCADES Technologies Limited has agreed to sell its engineering services business to Akkodis for USD 30.63 million. This divestment is part of AXISCADES' strategic objective to transition to a focused aerospace manufacturing platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does AXISCADES Technologies Limited do?
AXISCADES Technologies Limited is a global engineering solutions provider with over 25 years of experience. It is privately held, operating in Manufacturing, and is based in Bengaluru.
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