MilDef Group has signed an agreement to acquire the German company roda computer GmbH, a supplier of military IT and computer solutions. Through the acquisition of roda, MilDef aims to strengthen its position in the Central European defense market and gain access to new market channels, MilDef states in a press release.

– The acquisition of roda accelerates MilDef's expansion in the strategically important defense market in Europe. Roda's long-standing customer relationships, existing framework agreements, and good reputation in the Central European market create a good opportunity for additional sales of MilDef's existing offerings. The acquisition strengthens MilDef's role as a significant player in the European effort to enhance defense and security capabilities, says MilDef's CEO Daniel Ljunggren.

Roda computer is a German company founded in 1987, specializing in delivering robust and durable IT and computer solutions to the defense sector. The company is based in Lichtenau, Germany, and is established in Germany, Austria, and Switzerland. The product portfolio includes mobile computer solutions such as rugged laptops and tablets, and they are already the exclusive reseller of laptops and tablets from MilDef Crete Inc.

– The main criterion for finding a new owner for roda was to find a partner who wholeheartedly wants to continue the successful growth journey of our company. For roda's management, this was very important, and we are convinced that MilDef is the perfect partner for continued development. Now, two of Europe's leading defense technology companies will join forces and present a very attractive and credible offering, says Martin Bertsch, CEO and founder of roda.

MilDef acquires roda for an initial purchase price of 70 million euros and through newly issued shares, with a possible additional purchase price depending on achieved financial targets for 2024. The transaction is expected to be completed during the first quarter of 2025, MilDef writes.