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Techstep to Sell BCM Business to IDnet for SEK136 Million

MT Newswires·12/23/2025 23:31:08
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11:31 PM EST, 12/23/2025 (MT Newswires) -- Techstep (TECH.OL) signed a definitive agreement to sell its business critical mobility, or BCM, business for 136 million kronor. The sale to Lexit Group subsidiary IDnet is expected to be completed in the first quarter of 2026, subject to regulatory approvals, according to a Tuesday release. The mobile and circular technology company plans to use the transaction proceeds to repay debt.