Theon International to acquire a 9.8% stake in Exosens from Groupe HLD for €268.7m.

Theon International, a company specializing in defense and security electro-optical systems, agreed to acquire a 9.8% stake in Exosens, a French company focused on advanced light amplification and imaging technologies, from Groupe HLD, an investment company, for €268.7m. “THEON and EXOSENS have been close commercial partners for years, having been awarded landmark contracts in Europe and Middle East. THEON remains committed to maintaining its long- standing commercial relationship with EXOSENS, which remains governed by existing contractual arrangements,” Christian Hadjiminas, THEON Founder and CEO.