Theon International Plc (THEON) has announced the acquisition of 100% of Kappa Optronics GmbH (KAPPA), a Germany-based specialist in aviation and land optronics, for an enterprise value of €75 million. The transaction marks THEON’s fourth consecutive defence industry investment in Germany and will be financed through a combination of debt and IPO proceeds.

THEON acquires Germany’s Kappa Optronics in €75 million deal to expand electro-optics portfolio

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Theon International Plc (THEON) has announced the acquisition of 100% of Kappa Optronics GmbH (KAPPA), a Germany-based specialist in aviation and land optronics, for an enterprise value of €75 million.

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