KNDS France has entered exclusive negotiations to acquire Texelis' Defense operations, aiming to enhance its growth and capabilities in defense mobility.
Target Information
On January 29, 2025, KNDS and Texelis signed a Memorandum of Understanding (MOU) regarding KNDS France's acquisition of Texelis' Defense operations. The agreement marks the beginning of exclusive negotiations aimed at completing this acquisition, which will involve the separation of Texelis into two entities: Texelis Defense and Texelis Transport.
The information and consultation with employee representative bodies about this project are expected to take place in the coming days. The final realization of this acquisition is anticipated by the end of 2025 and is contingent upon the finalization of agreements and customary conditions for transactions of this nature.
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Industry Overview in France
Texelis is a French company specializing in ground mobility and the design of advanced solutions for armored terrestrial vehicles. It plays an important role in the French Defense Industrial and Technological Base (BITD), producin
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KNDS
invested in
Texelis
in 2025
in a Buy & Build / Roll-Up deal
Disclosed details
Revenue: $119M