Integrum International Inc agree to acquire Chilean, Peruvian, Colombian and Mexican business of Grupo Ezentis, S.A. for ?43.7 million.
June 27, 2021
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Integrum International Inc agree to acquire Chilean, Peruvian, Colombian and Mexican business of Grupo Ezentis, S.A. for ?43.7 million on June 28, 2021. The agreed price amounts to ?43.7 million, of which a total of ?37.7 million will be paid through a bank transfer that will be ordered on the closing date, and the remaining ?6 million will be deposited, during a period additional 12 months, in an account as a guarantee of the fulfillment of certain obligations of Grupo Ezentis, S.A. The closing will take place in a approximate term of one month.
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.