Finnish defence firm Patria has signed an agreement to divest its 60% shareholding in Milworks OU to Estonia’s Mootor Group. The move aligns with Patria’s strategy to consolidate its maintenance, repair and overhaul (MRO) operations in the Baltic region at its expanding facility in Valmiera, Latvia.

Patria to sell stake in Estonian defence company Milworks to Mootor Group

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Finnish defence firm Patria has signed an agreement to divest its 60% shareholding in Milworks OU to Estonia’s Mootor Group.

Patria to sell stake in Estonian defence company Milworks to Mootor Group Read More »