TKM Grupp agrees to acquire three Baltic security systems wholesalers

Bitget2026/10/19 13:53

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TKM Grupp agreed on October 19, 2026, to acquire 100% of three Baltic security systems wholesalers through Walde and Walde SIA.
Targets comprise Latvia's Evidence Network, Estonia's Evidence Network Eesti and Lithuania's Evidence Network Lietuva.
The businesses generated combined revenue of EUR 14.1 million in 2025, with profit of EUR 700,000.
The acquisition will expand the group's security systems wholesale operations across the Baltics and broaden its product offering.
Completion remains subject to Estonian Competition Authority approval and additional procedures.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TKM Grupp AS published the original content used to generate this news brief on October 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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TKM Grupp agrees to acquire three Baltic security systems wholesalers

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