Pinsent Masons advises shareholders of roda Computer GmbH on the sale of their shares to MilDef Group

Pinsent Masons has advised the shareholders on the sale of their shares in roda computer GmbH to MilDef Germany Holding GmbH, a subsidiary of the Swedish listed Mildef Group AB (publ). The purchase price totals 80 million euros and is to be paid in cash and shares in Mildef Group AB (publ). In addition, an earn-out has been agreed if certain financial targets are met in the financial year 2024.

Advisors seller: Pinsent Masons

Dr Markus J. Friedl (Lead, Partner, Corporate/M&A, Frankfurt), Manuel Berger (Associate, Corporate/M&A, Frankfurt); Arkadius Strohoff (Associate, Regulatory, Frankfurt), Mark Leonard (Partner, Finance, Munich)

roda computer GmbH, founded in 1987 and based in Lichtenau, is a provider of mobile IT solutions. The company specialises in the sale of mobile hardened computers in Europe. Customers of roda computer GmbH are mainly active in the defence sector and include government agencies such as national defence ministries and purchasing organisations as well as other companies in the defence sector. roda computer GmbH employs around 115 people and has subsidiaries in France and England.