All European activities would be handled by its European subsidiary. In November 2012, Synergy Group created Synergy Europe based in Luxembourg, to deal with the possible takeover of the Portuguese airline. Synergy Aerospace was a candidate in the acquisition of Portuguese state carrier TAP Portugal. The Synergy Group also has relevant activities, including the control of the EISA Shipping Agency, currently building a 500-ton patrol ship for the Brazilian Navy, and the Brazilian Digex company, operating in aircraft maintenance area. The joint venture will offer advanced defense systems, such as unmanned aerial vehicles, Multi Mission Transporters, mission and fighter aircraft upgrades, intelligence surveillance and reconnaissance advanced systems and radars. Synergy wants to invest in Flight Technologies, a manufacturer of tactical UAVs for the Brazilian Army, based in São José dos Campos. Brazil-based company EAE Aerospace Solutions was established to become the shareholder and holding company of the group’s activities in Brazil. Synergy Aerospace established a joint venture in March 2011, with Israel Aerospace Industries. In November 2012, Synergy Aerospace Corp. The company controls eight airlines in four countries: Avianca and Tampa Cargo in Colombia, Avianca Brasil, VarigLog and Synerjet in Brazil, VIP and AeroGal in Ecuador and Grupo TACA in El Salvador. It is the major shareholder of Avianca Holdings. a sub-division of Synergy Group, is headquartered in Bogota, Colombia. Kingsland Holding ( El Salvador) owns the other 33.33% of Avianca-TACA.
The Synergy Group owns 66.66% of the newly created subsidiary company. Synergy Group had integrated the airlines and companies of TACA Airlines with Avianca under a holding company, Avianca Holdings. Additionally, it operates hydroelectric power plants, participates in the construction of telecommunications infrastructure, shipbuilding and technical inspections, radiochemistry, radiopharmaceuticals, agriculture and hospitality. It operates several airlines in South America, among which are Avianca Group (formerly Avianca Holdings & AviancaTaca Holding), with a 66.66% stake, and is active in the exploration of oil and natural gas throughout the region. The group is headquartered in Rio de Janeiro, Brazil. is a South American conglomerate created and owned by Germán Efromovich.
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