Saab has acquired another 10 per cent of shares, reaching 25 per cent of stakes, in Akaer, one of the largest companies within development of aeronautical projects in Brazil and also one of the partners of Gripen development for Brazil.
Saab and Akaer’s partnership began in 2008 when Saab contracted Akaer to develop parts to the fuselage of the Gripen NG fighter. In May 2012, Saab invested in Akaer by making a convertible loan in shares which was a contribution of resources equivalent to 15 per cent of Akaer. Saab’s stake in the company has since been expanded to 25 percent. Since 2012, Saab has also been a part of Akaer's Advisory Board.
Saab has collaborated with Akaer in Gripen development since 2009. Akaer is one of the main companies that have an active role in the technology transfer programme under the Brazilian Gripen contract.
“Our partnership with Akaer is long-term and by exchanging knowledge, we want to expand our co-operation. The partnership brings mutual benefits and allows us to take another step in the technology transfer programme and in the development of the Brazilian defence industry. We have come to Brazil to stay and this also means to support our partners”, Ulf Nilsson, head of Saab Business Area Aeronautics.
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