Network Corporate Finance advised Augusta Technologie AG, Frankfurt a.M., in a dual-track process in relation to the sale of their 74.9% stake in ND SatCom AG to SES Astra.
|Industry:||IT & Software|
|Project type:||Capital Market Transactions|
|Description:||Dual Track Process|
The listed company Augusta Technologie AG disposed of its 74.9% shareholding in ND SatCom AG, Immenstaad, to the likewise listed company SES Astra, Chateau de Betzdorf, Luxemburg, one of the world’s leading satellite operators.
Augusta Technologie AG is a technology company that is active in the industrial sensor and information technology niche markets. The sale of the shares in ND SatCom is enabling Augusta Technologie AG, to concentrate on this core business.
ND SatCom is a world-leading supplier of satellite-based broadband, VSAT, broadcast and military communications networks, with company sites in Europe, China, the Middle East and on the American continent.
|Transaction value:||EUR 44.35 million|
|Sales:||EUR 200.9 million|
Augusta Technologie AG, Frankfurt a.M.
The role of Network Corporate Finance
Network Corporate Finance advised Augusta Technologie AG in a dual-track selling process involving their shareholding in ND SatCom.