# THEON completes acquisition of 80% stake in MERIO

THEON International Plc announced it has received all required approvals and finalized steps to complete the acquisition of an 80% stake in MERIO, with new orders already received.

- Type: Acquisition
- Announced: 2018-05-22
- Status: completed
- Products: solutions for unmanned aerial vehicle applications
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [THEON International Plc](https://endata.com/companies/18638.md) (acquirer)
- [MERIO](https://endata.com/companies/18639.md) (target)

## Sources

- [smb.amnews.com](https://smb.amnews.com/article/THEON-moves-to-completes-MERIO-acquisition-following-receipt-of-required-approvals-new-orders-already-awarded/6ae303b5282cc2aea318559d), 2018-05-22: "THEON is pleased to announce that it has received all required approvals and finalized all preparatory steps for the completion of the acquisition of an 80% stake in MERIO, which is now underway."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.