Announced

Completed

Compagnie Nationale à Portefeuille completed the acquisition of a 66% stake in Collecte Localisation Satellites from Ardian.

Synopsis

Compagnie Nationale à Portefeuille, a Belgian investment and holding company, completed its acquisition of a 66% stake in Collecte Localisation Satellites, which provides satellite systems, from Ardian for £223m. “I’d like to thank the Ardian, CNES, and Ifremer teams for their support. Their strategic and practical guidance has helped strengthen our leadership and broaden our portfolio of solutions. We are delighted to welcome CNP, an investor that shares our vision and corporate philosophy. CNP, together with CNES, will help us grow and take on new challenges for a sustainable planet,” Christophe Vassal, CLS Chief Executive.

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