Meriaura Group has successfully merged with Summa Defence for EUR 187 million, positioning itself to capitalize on the growing demand in the defence and security sector.

Target Company Overview

Meriaura Group Oyj, referred to as Meriaura Group, has successfully merged with Summa Defence Oy, a company focus on consolidating entities within the defence and security sector. This strategic acquisition, announced on 29 January 2025 and finalized on 9 June 2025, involved Meriaura Group acquiring the entirety of Summa Defence's share capital for a significant purchase price of EUR 187 million. As part of this agreement, 4,030,374,032 new shares of Meriaura Group were issued to facilitate the transaction, with each share priced at EUR 0.04657136.

The merger positions Meriaura Group as a strengthening competitor in the defence market, enhancing its capabilities and product offerings through Summa Defence's expertise and resources.

Industry Overview in Finland

Finland's defence and security industry is undergoing significant transformation due to rising geopolitical tensions and increasing investments in national and regional security. The Finnish government has committed to boosting its defense budget, which is reflect