.
MergerLinks Header Logo

New Deal


Announced

SITA to acquire Safety Line.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Acquisition

Pending

Cross Border

Single Bidder

digital solutions

Private

Majority

France

Digital Services

Synopsis

Edit

SITA, the global IT provider for the air transport industry, agreed to acquire Safety Line, the Paris based start-up specializing in digital solutions for aviation safety and efficiency. Financial terms were not disclosed. "We are delighted to join the SITA family, which should accelerate the global growth of our innovative solutions, for the benefit of more efficient and greener aviation operations," Pierre Jouniaux, Safety Line Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US