Announced
Completed
Financials
Sources
Tags
digital radio products
manufacturing
design
United Kingdom
Public
Scheme
Acquisition
Completed
Friendly
Single Bidder
Electronic Components and Equipment
Majority
Synopsis
Hytera Communications, a Chinese manufacturer of radio transceivers and radio systems, completed the acquisition of Sepura, a UK-based manufacturer of Terrestrial Trunked Radio digital mobile radios and LTE system solutions, for £152m. "Adding the Sepura Group complements our strengths in technological innovation, especially in TETRA, along with adding sophisticated engineering talent and an experienced operating team. Sepura and its subsidiaries provide Hytera greater market share in the UK, Europe and North America, as well as strong channel partnerships through a worldwide dealer network,” Qingzhou Chen, Hytera Founder, Chairman and President.
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