Theon International Plc Acquires 9.8% Stake in Exosens SA for €268.7 Million

"Theon International Plc (THEON) has reached a definitive agreement to acquire a 9.8% stake in Exosens SA (EXOSENS) for €268.7 million from HLD Europe SCA and its affiliates. This acquisition will make THEON the second-largest shareholder in EXOSENS, a leading French company in advanced electro-optical technologies. The deal is subject to regulatory notifications and is expected to finalize in early Q1 2026."

**Press Release Summary:** Clifford Chance acted as legal counsel for Theon International Plc (THEON) in its definitive agreement with HLD Europe SCA, Invest Prince Henri SCA, and Invest Gamma Sarl, investment companies belonging to the HLD Group. The transaction involves THEON acquiring a 9.8% stake in Exosens SA (EXOSENS) for a cash amount of €268.7 million. Following the completion of this transaction, THEON will become the second-largest shareholder in EXOSENS, after the HLD Group. The finalization of the deal is subject to regulatory notifications in certain countries and is expected to occur in early Q1 2026. The corporate team from Clifford Chance included partners Gilles Lebreton and Aline Cardin, counsel Katerina Drakoularakou from the Paris office, and partner George Hacket and counsel Andrei Manea from the Frankfurt office. Additionally, David Tayar (partner), Hendrik Coppoolse, and Marlen Pezzetta (both lawyers) contributed to the antitrust and foreign direct investment (FDI) aspects of the transaction.

Theon International Plc Acquires 9.8% Stake in Exosens SA for €268.7 Million

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