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Mergers

Amper to buy radio specialist Teltronic for up to €225m

· Communications technology / defence · updated

Location
Zaragoza · 🇪🇸 Spain
Sector
Defence
Organisations
Amper ↔ Teltronic (Nazca Capital)
Transaction
Acquisition (100%)
Volume
up to €225m (fixed price €155m)
Status
completed

Spanish technology group Amper has agreed with private equity firm Nazca Capital to buy 100% of Teltronic, a Zaragoza-based specialist in mission-critical radio (TETRA, LTE, 5G). The fixed price of €155m is paid €111m in cash and €44m in new Amper shares, plus a performance-related earn-out of up to €45m; in total the deal can reach €225m (Nazca Capital, 7 May 2026; The Critical Communications Review). Update (15 June 2026): Amper has completed the purchase of Teltronic from Nazca Capital and informed the securities regulator CNMV. (Forbes España, 15 June 2026)

Source: nazca.es ↗ · Archived copy ↗

Further sources: criticalcommunicationsreview.com ↗ (Archived copy ↗) · forbes.es ↗ (Archived copy ↗)

Evidence: 3 independent sources · archived copy saved · How well sourced is Eurotrack?

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