Tawazun and Caracal announce merger - The National:
"A merger of two UAE defence manufacturers will bring their military and sporting guns under one brand name.
Tawazun Holding, the UAE-based strategic investment company focused on specialised manufacturing and industry, said the merging of its two units, Caracal International and Tawazun Advanced Defense Systems (Tads), would help to "maximise global commercial opportunities" for the new company.
The announcement was made yesterday at the Abu Dhabi International Hunting & Equestrian Exhibition, at which Tawazun is the official weaponry partner."
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