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1 August 2016
Apax Partners has
signed a definitive
agreement to acquire
Telemar Group from its
current shareholders.
The combined
activities of Telemar
and Marlink will create
the world’s leading
maritime communications,
digital solutions and
servicing specialist for
all customer segments at
sea including: Shipping,
Offshore, Cruise &
Ferry, Yachting and
Fishing. Marlink and
Telemar customers will
benefit from an
unmatched integrated
servicing offering,
covering all existing
maritime communication
and navigation
technologies. The newly
combined group will
generate US $450 Million
in revenues with more
than 800 employees
worldwide serving at
least 1 in 3 vessels
operating globally.
The new group will be
positioned to deliver
unrivalled service
excellence and support
for maritime customers
through an enhanced
global footprint and
worldwide sales and
service locations. With
a global 24/7 helpdesk,
specialised competence
centres, local presence
on all continents and a
network of 1000 service
points staffed by highly
qualified, certified
service engineers, the
group will support the
global maritime business
to operate smarter and
safer.
Earlier this year,
Apax Partners completed
the acquisition of
Marlink, transforming it
into a provider of
tailored communications
solutions that enable
both maritime and
enterprise customers to
digitalise their own
operations at sea and on
land. The technology
expertise and service
delivery commitment of
Marlink and Telemar,
combined with
established and strong
satellite network
operator and bridge
electronics manufacturer
relationships, enables
the new group to bring
the power of broadband
communications, maritime
bridge technology and
service excellence to
its customers globally
to further optimise
vessel operations and
enable the digital
vessel of tomorrow.
“The satellite
communications industry
is undergoing profound
changes,“ says Bertrand
Pivin, Partner at Apax
Partners. “Together with
our satellite network
operator partners, we
are en route to create
the leading worldwide
servicing company which
will be the partner of
choice to enable the
digital transformation
of all our maritime
clients.”
“After more than two
decades of close
cooperation and
successful partnership,
it’s a natural next step
that Telemar and Marlink
are coming together,”
says Erik Ceuppens, CEO
of Marlink. “Leveraging
our two well-established
brands, Marlink and
Telemar will create the
world’s leading maritime
communications, digital
solutions and servicing
company.”
“Marlink and Telemar
coming together is an
operation that has been
carefully studied over a
long period of time. It
represents a new step
that revolutionises the
usual approach to the
market and will create a
group able to provide
the whole spectrum of
network solutions,
equipment and services
for all electronic
navigation and maritime
communications,” says
Bruno Musella, CEO of
Telemar.
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