ADIT snaps up Salveo
Three years after its takeover by the private equity fund Butler Capital, the French former publicly-owned corporate intelligence firm ADIT has made its first acquisition. [...]
Safran is France’s biggest manufacturer of engines for planes, helicopters and rockets. It was created in 2005 from the merger of SNECMA and Sagem. IT employs nearly 70,000 people and is one of the principal suppliers to Dassault and Airbus.
Fadel Al Kaabi, formerly of the Tawazun sovereign fund, set up the International Golden Group (IGG) in 2002. The company, which is headed by Fadel's uncle, former armed forces deputy chief of staff Mohammed Hilal Al Kaabi, specialises in partnerships with Western defence groups like France's Thales, Britain's BAE, Paramount of South Africa and Italy's Selex. [...]
Aaron Frenkel is today one of the most influential commercial middlemen in the area of the former Soviet Union. Through his company Loyd's Aviation Group (no link with the Lloyd's insurance market), he facilitates the sale of Western aircraft manufacturers like Dassault, Cessna, Embraer and Pilatus in eastern European markets and the Commonwealth of Independent States (CIS, ex-Soviet Union). [...]