Theon International rises after it buys Kappa Optronics

Theon International

05/08/2025 08:30

** Shares in Theon International THEON.AS rise 4.4% after it acquires German aviation and land optronics specialist Kappa Optronics for 75 million euros ($86.7 million)

** "The acquisition is expected to support strong top-line growth and sustained margins," Theon says in a statement

** The company's shares are on track for their best day since July 8 if the gains hold

($1 = 0.8652 euros)

 (Reporting by Mathias de Rozario)

 ((Mathias.deRozario@thomsonreuters.com))