🔥 BIG NEWS 🔥 It's official, we are excited to share that our team is working to join Codan Limited's family of companies in the coming months. Simply put, this is a perfect marriage of expertise, culture, and scalability to help us accelerate our mission of serving the warfighter, no matter the mission, as we continue to take an agnostic approach. Our president Niko H. had this to say regarding the acquisition: "By partnering with Codan’s world-class manufacturing capabilities and top-tier suppliers, we are positioned to scale our operations, delivering even greater quality, value, and service to support the needs of our customers. This relationship empowers Kägwerks’ to expand our global presence and reach new markets, enhancing our ability to serve customers worldwide. We remain fully committed to providing cutting-edge, radio agnostic dismounted soldier Systems". #Acquisition #TacticalCommunications #Innovation #MissionSuccess #Growth #MilitaryTech #DefenseIndustry #MESH #SoldierSystems
The Codan Group is pleased to announce that, through a wholly owned subsidiary Codan US Inc, it has entered into a binding agreement to acquire 100% of US-based organisation Kägwerks. Kägwerks is a global leader in tactical operator-worn networking communications technologies that enable connectivity and integrated secure networking in a military environment. Kägwerks has developed a portfolio of proprietary “DOCK” branded hardware and software solutions that provide soldiers with a lightweight network hub integrating disparate equipment into a single compact communications solution. This technology provides superior situational awareness and strategic advantage in field operations by optimising real-time battlefield intelligence. The acquisition of Kägwerks is consistent with Codan’s growth strategy to develop or acquire complementary IP and technologies, in this case the technology being acquired includes a radio agnostic dismounted communications solution. This will enable Tactical Communications to broaden its offering as a full tactical military radio solutions provider and to build capability, credibility and scale in the core markets it operates in. Completion is expected to occur in early December 2024, subject to regulatory conditions typical for transactions of this nature. Read more: https://loom.ly/ZJ2dXpU & https://loom.ly/1Xcf3Gk