The Service of the Commission for the Protection of Competition has received a notification of a concentration, according to Section 10 of the Control of Concentrations between Enterprises Law of 2014, concerning the acquisition of the share capital of ITC Global by Apax Partners SAS , via Marlink SAS.
Apax Partners SAS is a company duly registered in accordance with the laws of France. This company is an investment company, that manages various investment companies and investment funds, which hold investments in various business sectors.
Marlink SAS is a company duly registered in accordance with the laws of France. This company is one of the holding companies of Apax Partners SAS. Marlink SAS designs, creates and manages main business critical end-to-end network solutions for customers operating in remote environments. It provides global coverage through an intelligent hybrid network that combines satellite communications, terrestrial technologies and digital solutions. It offers its solutions using partnerships with large satellite network operators and provides its communication solutions directly to the customer through a network of partner service providers. Marlink provides its services mainly to customers in the fields of Shipping, Cruises, Energy, Mining and Humanitarian.
ITC Global is a company duly registered in accordance with the Laws of the United States of America. This company provides satellite communications in the fields of energy, mining, shipping, hospitality and NGOs serving companies in remote locations in adverse conditions that require communications with global coverage and customer service. ITC Global facilitates real-time decision-making and improves health, safety and environmental management through a unified communication solution. This includes custom network design, equipment application, field engineering, technical support and enterprise-level satellite bandwidth. ITC Global operates 24x7 class networks throughout the Americas, Europe, Asia, Africa and Australia.
|