Mips has completed the acquisition of Koroyd
Mips AB (publ) (“Mips”) has today completed the acquisition of all shares in Koroyd SARL and SCP George TFE (together “Koroyd”) following fulfilment of the conditions for the acquisition. Koroyd is based in Monaco and is a pioneer in the development of advanced impact protection technology for head and body safety, which is complementary to Mips’ technology.
On 11 December 2025, Mips announced that it had entered into a binding, conditional agreement to acquire all shares in Koroyd.