Economy Local May 06, 2025

Cybxus Holdings Acquires Spider Silk

Cybxus Holdings, part of the G42 group, announced its acquisition of Spider Silk, reflecting its strategic expansion in the market.


Cybxus Holdings Acquires Spider Silk

The company "Sibeks Holding", which is part of the group "J42", announced the acquisition of the company "Spider Silk". This move is part of the company's business expansion strategy and will strengthen its market position. As reported by the representatives of "Sibeks Holding", it will facilitate the diversification of the production portfolio and present new opportunities for growth.

The main advantage of acquiring "Spider Silk" is the inclusion in the assortment of the company's products and services, contributing to the development and integration of innovative solutions in various sectors. Representatives of "Sibeks Holding" expressed confidence in the successful integration of new subdivisions and the unification of efforts to achieve common goals.

This acquisition reflects the company "Sibeks Holding"'s commitment to strengthening its market position and expanding the geography of its operations. The company's representatives emphasized that the decision to purchase "Spider Silk" was made as part of a long-term development strategy and will contribute to increasing competitiveness in the market.