Brief: Otokar Signs MoU To Acquire Majority Shares Of Romanian Defense Company Automecanica For 85 Mln Euros

Otokar Otomotiv ve Savunma Sanayi

28/01/2026 06:22

Jan 28 (Reuters) - OTOKAR OTOMOTİV VE SAVUNMA SANAYİ OTKAR.IS:

SAID ON TUESDAY, SIGNED MEMORANDUM OF UNDERSTANDING (MOU) WITH AUTOMECANICA SHAREHOLDERS, ANDREI SCOBIOALA AND AUTOMECANICA SKB PROPERTY SRL REGARDING ACQUISITION OF 96.77% SHARES IN AUTOMECANICA

DEAL SIZE IS PROJECTED TO BE APPROXIMATELY 85 MLN EUROS

OBLIGATIONS UNDER THE MOU MAY BE TRANSFERRED TO WHOLLY-OWNED UNIT OTOKAR LAND SYSTEMS SRL

AUTOMECANICA HOLDS HALF OF THE SHARES REPRESENTING THE CAPITAL OF SISTEME APARARE ROMANIA A JOINT VENTURE OF OTOKAR SRL

 Source text for Workspace: nIKA7HK5xK
 Further company coverage: OTKAR.IS

 (Gdansk Newsroom)

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