MARSS Group Acquired by Electro Optic Systems | Manufacturing M&A Deal

Electro Optic Systems has completed the acquisition of MARSS Group, a manufacturing other business in Australia, for $36 million upfront. Electro Optic Systems acquisitions bring counterdrone capabilities into its portfolio, with MARSS Group focused on detecting and countering unmanned aerial threats for defence customers. The strategic acquisition supports manufacturing M&A expansion in the counter-drone market and strengthens Electro Optic Systems’ defence systems offering. The merger acquisition was backed by a $175 million institutional placement and share purchase plan, with an earnout component of €140 million tied to performance. Electro Optic Systems acquires MARSS Group as a strategic acquisition, completing the closed deal after additional capital raised to increase earnout exposure.