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Fjord Defence Group's PartnerTech agrees to acquire Microprecision

PUBT·10/22/2026 06:20:00
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Fjord Defence Group's PartnerTech agrees to acquire Microprecision
  • Fjord Defence Group's subsidiary PartnerTech agreed to acquire 100% of Sweden's Microprecision from founder Rade Paunovic to expand defence manufacturing capacity.
  • The transaction values Microprecision at SEK 23 million, including SEK 17 million in debt.
  • Closing consideration comprises SEK 1 million cash and SEK 2 million in treasury shares priced at NOK 16.50 per share.
  • A performance-based earn-out of up to SEK 3 million depends on Microprecision achieving financial targets in 2027 and 2028.
  • Closing is expected in the fourth quarter of 2026, subject to customary conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fjord Defence Group ASA published the original content used to generate this news brief via NewsWeb, the disclosure sustem operated by Euronext Oslo (Ref. ID: 202610220200OSLOBORSNEWS__EN_D8D54F04E463B7034357C6A66CF7EE3), on October 22, 2026, and is solely responsible for the information contained therein.