Dinamia's Tryo to sell Teltronic to UK's Sepura

It could get €24m for the sale

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Sharecast News | 04 May, 2015

Updated : 13:45

Spain's first listed private equity firm Dinamia announced it had reached an agreement to sell 100% of its subsidiary Teltronic to the UK's Sepura.

Dinamia will carry out the transaction through its 24.75% owned Tryo Communication Technologies, and is expected to obtain up to €24m from the sale.

Completion is subject to regulatory approval, which could come in the following weeks, the company said.

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