01/12/2025
📣 Kaelus begins an exciting new chapter under new ownership
We’re excited to share some important news with our community:
Kaelus is about to enter a new chapter under new ownership. A strategic move that strengthens our ability to deliver world-class connectivity solutions for our customers worldwide.
Baylin Technologies has entered into a definitive agreement to acquire Kaelus. We anticipate closing in a few months, pending regulatory and public market approvals.
Why this matters:
🌟 Enhanced engineering capabilities and opportunities to accelerate innovation while maintaining the quality and reliability you expect from Kaelus
🌟 A broader portfolio of complementary solutions to better serve your needs
What stays the same:
⭐ Our talented team and the organization you know and trust remain committed to serving you.
⭐ Our brand, we will continue as Kaelus, a Galtronics company
To our customers, partners, and employees, A big thank you for being part of our journey. The future holds exciting opportunities, and we can’t wait to grow together.
https://www.baylintech.com/baylin-technologies-signs.../
Galtronics Peter Sandberg Mats Gustavsson
The combined business is forecast to reach ~$141 million in revenue with ~15.9 million in Adjusted EBITDA[1] in 2026, effectively tripling Baylin’s Adjusted EBITDA attainment with significantly lower debt leverage. Kaelus has a highly complementary […]