Note Acquires British Defense Manufacturer Kasdon for 430 Million Kronor

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Note Acquires British Defense Manufacturer Kasdon for 430 Million Kronor
Photo: HENRIK MONTGOMERY / TT

Swedish electronics manufacturer Note buys British contract manufacturer Kasdon for a purchase price of up to 430 million kronor.

”Kasdon is a strategic acquisition that strengthens our presence in the United Kingdom and gives us access to the defense sector", says Notes CEO Johannes Lind-Widestam in a press release.

Kasdon reported revenues of over 150 million kronor 2024/2025. The deal must be approved by British authorities and is expected to be completed in mid-October.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers
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