Amper moves to acquire Teltronic owner in €155 million defence communications expansion

Amper SA ( (ES:AMP) ) has provided an announcement.

Amper, S.A. has signed a binding offer with Nazca Capital-managed funds to acquire 100% of Next Gen Critical Comms, S.L.U., owner of Spanish mission-critical radiocommunications specialist Teltronic, S.A.U. The deal targets expansion in strategic sectors where secure, high-reliability communications are essential.

The transaction values the company at a fixed €155 million, below nine times expected 2025 EBITDA, plus an earn-out of up to €45 million tied to standard performance milestones. Amper plans to fund €111 million in cash, potentially with co-investors, and €44 million through a non-cash capital increase, issuing new shares equal to about 7.75% of its post-deal capital.

Completion is contingent on approval by Amper’s General Shareholders’ Meeting and regulatory clearances in relevant jurisdictions. The acquisition is expected to bolster Amper’s technology and industrial capabilities in defence and security communications, deliver operational and commercial synergies, and reinforce its foothold in Brazil and Mexico while opening access to markets such as the United States and Canada.

More about Amper SA

Amper, S.A. operates in the communications and technology sector, focusing on solutions for defence and security markets. The company develops and integrates communications systems and related technologies for mission-critical applications, with a growing presence in strategic international markets.

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Technical Sentiment Signal: Buy

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