THEON completes acquisition of Kappa Optronics
THEON completed the acquisition of 100% of Kappa Optronics, expanding its defence-optronics portfolio.

Evidence notes
- The transaction transferred full ownership of Kappa Optronics to THEON.
- THEON’s Q1 2026 materials put closing consideration at €69.9 million.
Company context
Defence optronics supplier producing night-vision, thermal-imaging and platform-mounted sensing systems.