CANiK Announces Acquisition of British AEI Systems

Date: Issue 122 - May 2023

At a reception held at the British ConsulateGeneral in Istanbul, CANiK announced the acquisition of AEI Systems, the well-established UK-based company. The guns that will be mass-produced both in the UK and Türkiye will be offered to the land, air, and naval platforms of all friendly and allied countries, particularly Türkiye and the UK, for use on remote-controlled weapon systems. As part of the strategic activities of CANiK, one of the world's leading small arms manufacturers, the acquisition process of AEI Systems headquartered in the UK was finalized in December 2022 with the approval of the United Kingdom.

A special reception was held for the acquisition of AEI Systems, hosted by the British Consulate General., Kenan POLEO, Consul General Istanbul and Trade Commissioner Eastern Europe and Central Asia Network (EECAN) delivered a speech at the opening of the reception said, "I congratulate Samsun Yurt Savunma (SYS) and CANiK on their investment in AEI Systems. I am confident that this partnership will bring CANiK and AEI Systems many opportunities in new and existing markets, and I wish both companies a long-lasting success and alliance. I’m fully aware that both the UK and Türkiye are willing to work more closely together, to support each other, and to look for opportunities that will benefit both countries."