Magellium has sold a majority stake to ARTAL Technologies
August 2016 — JP Madier and P Berranger, founders and owners of Magellium, have sold a majority stake in the company to ARTAL Technologies. Financial details have not been disclosed.
Magellium is a company specialized in the development of software for geographic-based-information systems (GIS), cartography, vision-based solution for robotics applications for defense and security, aerospace and energy sectors. The company's know-how include advanced skills in image processing, 3D geometry and big data processing. Based in Toulouse, France, Magellium employs over 140 people, mainly engineers and doctors.
ARTAL Technologies is a consulting and software development group, specialized in systems architecture, for the aerospace, defense and military sectors. In 2010 and 2011, ARTAL acquired ACT21 and Able, companies specialized in developing and marketing geo-information services for agriculture, environment and land management.
Our role in the transaction
Oaklins' team in France acted as the exclusive advisor to the seller in this transaction.
Talk to the deal team
Related deals
OEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value
OEP Danzig BidCo S.p.A. has completed a mandatory tender offer for the shares of Digital Value S.p.A.
Learn moreElectro Optic Systems Holdings has acquired the assets of MARSS Group
Electro Optic Systems Holdings Limited (ASX: EOS), an Australian defense and space technology company, has acquired the assets of MARSS Group, a Europe-based defense and security technology provider of AI-enabled command and control (C2) and sensor fusion systems for counter-drone applications. The acquisition combines EOS’ sensors and effectors with MARSS’ NiDAR C2 platform to create an integrated end-to-end counter-drone solution, positioning EOS to compete for larger and higher-value programs as a prime contractor across defense, homeland security and civil critical infrastructure markets. Consideration consists of an upfront cash payment of US$36 million plus contingent consideration of up to US$160 million payable over time, based on new MARSS contract orders secured during the earnout period.
Learn more360 Experience Group has merged with GoodFellows
360 Experience Group, a European end-to-end service provider of live experiences, and GoodFellows have merged to create one of the largest live experiences players in Europe. By pooling their strengths under the 360 Experience Group banner, the merged group will span the full breadth of the live industry and bring together 16 specialized companies, including Live Legends, Unlimited Productions, Unbranded, TIG Sports and Events and Kumpany. The group will provide end-to-end solutions for the realization of large-scale live entertainment, international sports and public events and impactful brand activations. The combined business will generate over US$90 million in revenue and employ more than 230 people.
Learn more