THEON expands global footprint by establishing Theon Belgium and investing in ANDRES

THEON expands global footprint by establishing Theon Belgium and investing in ANDRES

PRESS RELEASE Bloomberg (THEON:NA) / Reuters (THEON.AS) THEON announces formation of Theon Belgium subsidiary and establishment of new facilities in Belgium. Minority stake acquisition in Andres Industries to expand European presence and enhance digital/thermal capabilities. 29 July 2025 - Theon International Plc (THEON) is pleased to announce the formation of its 100% owned subsidiary, Theon Belgium. This strategic move follows the growing glo…

THEON expands global footprint by establishing Theon Belgium and investing in ANDRES - MÖNCH PUBLISHING GROUP

THEON announces formation of Theon Belgium subsidiary and establishment of new facilities in Belgium Theon International Plc (THEON) announced on July 29 the formation of its 100% owned subsidiary, Theon Belgium. This strategic move follows the growing global traction of its A.R.M.E.D. product series and the high growth prospects for this line of products. Via its new wholly owned Theon Belgium, THEON is establishing a new production facility at…