Celfinet has been acquired by the Indian listed multinational Cyient
The private shareholdersof Celfinet, a Portuguese IT Engineering company, have sold the company to Cyient.
Celfinet is a wireless engineering services company focused on providing end-to-end network planning and performance optimization services. Celfinet has successfully built an international business combining outstanding wireless engineering expertise and a best-in-class network management solutions portfolio to improve network quality and customer experience. The company is a trusted technology partner to some of the world’s leading mobile operators.
Cyient, a multinational enterprise listed on the National Stock Exchange of India, is a leading global engineering, manufacturing and digital technology solutions company. Cyient has more than 300 customers and a global footprint in 19 countries.
Oaklins’ team in Portugal acted as the exclusive M&A advisor to the shareholders of Celfinet. The team was involved throughout the preparation of the sale process and supported all aspects of the negotiation phase until closing.
Nuno Ribeiro and José Mata
CEO and Founder & Co-CEO, Celfinet
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