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Indra Takes Control of Tess Defence to Speed up Delivery of 8x8 Dragon Armor

Summary by elcorreoweb.es
The technological and defense company Indra has confirmed on Friday the share control of the consortium Tess Defence up to 51% of the capital, which means increasing its participation in the company to 26.34% of the shareholding. The rest of the partners, Sapa, Santa Bárbara General Dynamics and Escribano Mechanical & Engineering (EM&E), are left with 16.33% of the shares each, as the company has reported to the National Securities Market Commis…
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The space sector in Spain has not been a science fiction for a few years, on the contrary, this economic and industrial area of our country is not only booming, but it has been bubbling and aspiring without complexes to a leadership in the next decade. The Spanish Aerospace Technology Platform (PAE), the Spanish Association of Technology Companies of Defense, Security, Aeronautics and Space (TEDAE), the specialized Spanish Association of Aeronau…

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Indra, participated in 28% by the State through the State Society of Industrial Participations (Sepi), yesterday formalized the definitive takeover of the consortium Tess...

The acquired shares represent 0.13% of the company’s share capital, and after reaching it, a program that had a maximum date on June 18 has ended. Likewise, the company has announced the reactivation, on June 16, of the liquidity contract that it has signed with Banco Sabadell.

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The technological and defense company Indra has confirmed on Friday the share control of the consortium Tess Defence up to 51% of the capital, which means increasing its participation in the company to 26.34% of the shareholding. The rest of the partners, Sapa, Santa Bárbara General Dynamics and Escribano Mechanical & Engineering (EM&E), are left with 16.33% of the shares each, as the company has reported to the National Securities Market Commis…

MADRID, 13 (EUROPA PRESS) Indra has taken control of the company of Tess Defence armoured after having fulfilled the conditions that allow to close the operation, valued at almost 107 million euros and through which it has acquired an additional 26,34% of the company to take a majority stake of 51,01%, [...] The Indra entrance closes the takeover of the company of Tess Defence armored appears first in Forbes Spain.

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Revista Defensa Infodefensa.com broke the news in on Friday, June 13, 2025.
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