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Bredin Prat advises Theon International PLC on its contemplated acquisition of HGH Systèmes Infrarouges from Carlyle and the management team

29 June 2026 — Press releases

Bredin Prat is advising Theon International PLC, a group specialised in the development and manufacture of customisable night vision and thermal imaging systems, in connection with the contemplated acquisition of HGH Systèmes Infrarouges from Carlyle, a US-based global investment company, and from the management team, for an enterprise value of approximately €300 million.

The contemplated acquisition would reinforce and broaden Theon International PLC’s product portfolio of platform electro-optics and counter-drone solutions (C-UAS).

The Bredin Prat team advising Theon International PLC included:

  • Corporate: José-María Pérez (partner), Caroline Forschbach and Florian Imbert
  • Tax law: Adrien Soumagne (partner), Bryan Costa and Inès Veyry
  • FDI: Guillaume Léonard (counsel), Ilia Tushishvili and Mirana Favre
  • Competition law: Arthur Helfer (partner) and Antoine Rifle
  • Employment law: Laetitia Tombarello (partner) and Émilie Iafrate
  • Digital law and intellectual property: Juliette Crouzet (partner) and Félix Marolleau