Sepura Finalizes Acquisition of Teltronic
Sepura Plc. said that on May 26 it completed the proposed 127.5 million euros acquisition of Teltronic S.A.U. and its group of companies that was announced on May 1.
Sepura Plc., a provider of critical communications solutions, today said that on May 26 it completed the proposed 127.5 million euros acquisition of Teltronic S.A.U. and its group of companies that was announced on May 1.
Teltronic provides complete wireless voice and data communications solutions, including infrastructure, terminals and software, principally for customers in the public safety, transportation and utility sectors.
Sepura had said that the deal is immediately enhancing adjusted earnings per share and significantly enhances it in the first full year after completion.