Uravi Defence Makes Global Leap with Spafax Acquisition, Enters EU & US Defence Supply Chains

Image Source: SciencelBusiness

Uravi Defence and Technology Ltd. (NSE: URAV.NS) has made a strategic 100% equity acquisition in Spafax International, which signals its formal entry into the European Union and United States defence value chains. The acquisition is a significant milestone for Uravi in its metamorphosis from a local automotive lighting producer to an international defence technology player.

Strategic Highlights

Acquisition Target: Spafax International, a defence-certified supplier with established relationships in NATO-aligned markets
Ownership: Uravi to acquire 100% equity stake, signaling full integration and control
Global Access: Enables Uravi to participate in EU and US defence procurement programs, leveraging Spafax’s existing certifications and contracts
Product Synergy: Spafax’s portfolio complements Uravi’s recent expansion into power systems and special-purpose defence equipment

Global Defence Integration

The acquisition follows Uravi’s earlier majority stake purchase in SKL (India) Pvt. Ltd., which specializes in defence-grade power systems
With Spafax and SKL under its wing, Uravi is now positioned to deliver end-to-end solutions for global defence clients
The move aligns with India’s “Make in India for the World” vision, boosting exports and indigenous defence capabilities

Market Response & Outlook

Uravi shares have experienced a solid uptick, mirroring investor optimism on its global shift
Analysts consider the takeover as a growth driver over the long run, particularly in the face of increasing global defense expenditure and supply chain diversification

Sources: Trade Brains, Economic Times, European Security & Defence