Eurotrack

Mergers

Terma to fully acquire encryption specialist Dencrypt

· Defense / secure communications

Location
Dänemark · 🇩🇰 Denmark
Sector
Public administration / Statistics
Organisations
Terma A/S ↔ Dencrypt A/S
Transaction
acquisition (100%)
Volume
three-digit million amount (DKK), exact sum undisclosed
Status
announced

Danish defence group Terma announced on 17 Aug 2026 the full acquisition of Danish encryption specialist Dencrypt for a 'three-digit million' (DKK) sum; Terma aims to build Dencrypt's secure-communication technology into a market-leading solution amid growing defence demand. The exact purchase price was not disclosed, so the volume is uncertain and may be below the EUR 100m threshold (source: Stiften.dk, 17 Aug 2026); included as a structurally notable consolidation move in the European defence/cybersecurity market.

Source: stiften.dk ↗ · Archived copy ↗

Evidence: one source · archived copy saved · How well sourced is Eurotrack?

✉ Report an error

More from: 🇩🇰 Denmark

Open in the tracker →