Announced
Completed
Financials
Tags
France
monitoring solutions
Acquisition
Friendly
commercial services
Earth observation
Private Equity
Single Bidder
satellite systems
Majority
Satellite
Private
Completed
Disposal
Cross Border
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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