With all regulatory approvals from Germany, France, and the UK secured as planned, the acquisition strengthens MilDef’s footprint in the European defence sector. The consolidation of roda within MilDef will take effect from 1 March 2025 and is expected to positively impact MilDef’s earnings per share, excluding non-cash amortisation linked to the transaction.
In line with the agreement, MilDef’s Board of Directors, under authorisation from an Extraordinary General Meeting held on 9 December 2024, has resolved to issue 1,374,047 new shares to roda’s sellers. This move ensures a smooth financial transition and aligns with MilDef’s broader growth strategy in the European market.
Commenting on the acquisition, Daniel Ljunggren, President and CEO of MilDef Group, expressed enthusiasm about the integration. He highlighted the strategic significance of the deal, noting that it enhances MilDef’s position in the European defence buildup while reinforcing the company’s commitment to innovation and security.
The focus in the coming months will be on the seamless integration of both firms and realising synergies between their operations. MilDef expects the acquisition to accelerate its expansion and improve its competitive position in the European defence market.
