Indra Sistemas, S.A. (BME:IDR) entered into a binding agreement to acquire Park Air Systems Ltd from Ngc Uk Ltd on June 2, 2023. The transaction is subject to customary conditions and antitrust approval. The National Commission for Markets and Competition (CNMC) has approved the transaction.

The transaction is expected to complete in H2 2023. KPMG Abogados S.L. acted as due diligence provider to Indra Sistemas.