Spanish listed company Amper has signed a binding agreement with the management firm Nazca to acquire Zaragoza-based Teltronic, a specialist in critical communications. The operation, valued at 225 million euros, represents a new change of ownership for the 412-employee firm located in the Malpica industrial estate. Nazca had only bought it in July 2025.
Mission-critical technology for Amper's future 🚀
Teltronic develops radiocommunication systems for sectors such as railways, defense, and emergency services. Its technology enables secure communications in hostile environments, using standards like TETRA and private 4G/5G. For Amper, this acquisition strengthens its presence in the critical infrastructure market, a segment with stable demand and long-term contracts. Integrating the workforce and R&D capabilities in Zaragoza will be the first technical challenge.
Change of owners: Teltronic's corporate saga 🔄
Teltronic changes hands like changing shirts in a football match. Nazca bought it in July 2025 and, just a few months later, has already sold it to Amper. The 412 employees must be wondering whether to learn the new owner's anthem or simply rent an apartment near the headquarters to avoid getting lost in so much shareholder movement. At least the headquarters remain in Malpica.