An $831 million cross-border acquisition of Mexican satellite operator Satmex by Eutelsat, rebranded as Eutelsat Americas and integrated into the group's coverage network across the Americas.
$831M
Transaction Value
2014
Year
Cross-Border Acquisition
Transaction
The Challenge
The situation was complex, due to the many regulatory, technological and commercial hurdles involved in transferring ownership from a local Mexican company to a multinational player such as Eutelsat, who continues to manage and grow this important business.
Our Approach
NYBAY represented Eutelsat in Mexico together with our international partner firm, Perella Weinberg Partners, who sourced the client and the transaction. Satmex (Satélites Mexicanos) was a prominent Mexican satellite operator acquired by Eutelsat in 2014 for $831 million.
Results
Rebranded as Eutelsat Americas, with its fleet of geostationary craft integrated into Eutelsat's coverage network.
C-band and Ku-band telecommunications, video and broadband services delivered across the Americas.
One of our pioneering transactions, reflecting the trust placed on our firm by important international players and our partners at PWP.
Eutelsat Communications acquires Satmex, rebranded as Eutelsat Americas.Orbit-raising and in-orbit testing sequence of a Eutelsat geostationary satellite.
