Grupo Ezentis SA agreed to acquire Ingenieria Celular Panamericana, S.A. De C.V., GTS Thaumat XXI, Comunicaciones Y Sonido Mexico, S.A. De C.V., Grupo Comunicaciones Y Sonido Sl and Ingenieria Celular Andina S.A. for €6.8 million.
August 31, 2017
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Grupo Ezentis SA (BME:EZE) agreed to acquire Ingenieria Celular Panamericana, S.A. De C.V., GTS Thaumat XXI, Comunicaciones Y Sonido Mexico, S.A. De C.V., Grupo Comunicaciones Y Sonido Sl and Ingenieria Celular Andina S.A. for €6.8 million on August 1, 2017. The sum of the prices of the acquired companies is €4.6 million, which could increase by an additional €2.3 million, depending on the fulfillment of a series of objectives and conditions for each of the acquired companies. Ingenieria Celular Panamericana, S.A. De C.V., GTS Thaumat XXI, Comunicaciones Y Sonido Mexico, S.A. De C.V., Grupo Comunicaciones Y Sonido Sl and Ingenieria Celular Andina S.A. were acquired by Ezentis without financial debt in their respective balance sheets. Revenues of Ingenieria Celular Panamericana, S.A. De C.V., GTS Thaumat XXI, Comunicaciones Y Sonido Mexico, S.A. De C.V., Grupo Comunicaciones Y Sonido Sl and Ingenieria Celular Andina S.A. amounted to €30.6 million with an EBITDA of €1.3 million. Ezentis acquired Comunicaciones Y Sonido Mexico, Ingenieria Celular Panamericana and GTS Thaumat XXI on August 1, 2017. If certain conditions are met, the acquisition of Grupo Comunicaciones Y Sonido and Ingenieria Celular Andina is expected to take place before the end of 2017. Argo Asesores Financieros, S.L. was the legal advisor and Garrigues was the financial advisor of Grupo Ezentis S.A.
Grupo Ezentis SA, also known as Ezentis, is a Spain-based company engaged in the infrastructure and telecommunications sectors. The Companyâs activities are structured into three segments: Telecommunications, Electricity and Others. The Telecommunications segment provides design, construction, operation, as well as maintenance services of fiber optic and mobile telephone networks, among others. The Electricity area offers a variety of services within the electric power infrastructure, such as assembly of transmission and distribution lines, installation of substations, smart grids and maintenance of public lighting network. The Others segment encompasses operations in water, oil and gas, as well as mining sector, including construction, repairs, inspections, project management, and engineering services, among others. Ezentis operates through Comunicaciones Y Sonido Mexico SA de CV, Ingenieria Celular Panamericana SA and Gts Thaumat XXI SA.
Grupo Ezentis SA agreed to acquire Ingenieria Celular Panamericana, S.A. De C.V., GTS Thaumat XXI, Comunicaciones Y Sonido Mexico, S.A. De C.V., Grupo Comunicaciones Y Sonido Sl and Ingenieria Celular Andina S.A. for €6.8 million.
GRUPO EZENTIS, S.A. 
