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Baylin Technologies Inc. has entered into a definitive agreement to acquire 100% of the shares of Kaelus AB, a Sweden-based provider of antenna solutions and RF equipment, for approximately SEK 285 million (about $42 million). The acquisition is expected to close on or around December 18, 2025.
“The Acquisition advances Baylin's strategy to position itself for sustainable growth, strengthen its balance sheet, reduce debt leverage and enhance its product portfolio.”baylintech.com
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