Earlier this year, Apax Partners completed the acquisition of Marlink, transforming the company into a provider of tailored communications solutions that enable maritime and enterprise customers to digitize their own operations at sea and on land.
Apax Partners has moved into the acquisition territories once again... this time, the company has signed a definitive agreement to acquire Telemar Group from that firm's 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 that will encompass 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 one in three vessels operating globally.
The new group will be positioned to deliver service excellence and support for maritime customers through an enhanced global footprint and worldwide sales and service locations. With a global 24/7 help desk, specialized competence centers, 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. 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 final closing of the transaction is subject to customary regulatory approvals and is expected to take place within the next few months.
Erik Ceuppens, the CEO of Marlink, related that after more than two decades of close cooperation and successful partnership, this acquisition is a natural next step, bringing Telemar and Marlink together. Leveraging these two well-established brands, Marlink and Telemar will create the world’s leading maritime communications, digital solutions and servicing company.
The CEO of Telemar, Bruno Musella, stated that Marlink and Telemar coming together is an operation that has been carefully studied over a long period of time and represents a new step that revolutionizes 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.