Trival Antene d,o,o

Acquisition of Slovenian-based designer and manufacturer of communication antennae and masts for defence and professional applications. The acquisition includes initial cash consideration of €45.5 million, with deferred and earn-out payments subject to conditions. Trival serves approximately 70 countries and has strong financial performance with revenues of €12.7 million for the 12 months ended 31 December 2024 and an adjusted operating profit margin above 17%. The acquisition is subject to regulatory approvals and expected to complete by the end of the financial year.