Orange - M&A Summary and Business Overview

CommunicationsCompany

Orange M&A Summary

Orange has acquired 17 companies, including 3 in the last 5 years. A total of 7 acquisitions came from private equity firms. It has also divested 10 assets.

Orange’s largest acquisition to date was in 2007, when it acquired Orange Austria Telecommunication for $1.6B. It’s largest disclosed sale occurred in 2015, when it sold EE Limited to BT Group for $19.2B. Orange has acquired in 8 countries. The Company’s most targeted sectors include communications (40%) and internet software and services (27%).

Orange Business Overview

Where is Orange headquartered?

Orange is headquartered in Issy-les-Moulineaux, France.

What is Orange’s revenue?

Orange disclosed revenue of 44,122M EUR for 2023 and 43,471M EUR for 2022.

How many employees does Orange have?

Orange has 137,094 employees.

What sector is Orange in?

Orange is a communications company.

When was Orange founded?

Orange was founded in 1990.

M&A Summary

  • M&A Total Activity25
    • M&A Buy Activity15
    • M&A Sell Activity10
  • Total Sectors Invested 5
  • Total Countries Invested 8
  • M&A Buy/Sell Connections 20
  • M&A Advisors 2

Orange

Orange SA

111, quai du Président Roosevelt,
Issy-les-Moulineaux, 92449
France,
33 1 44 44 22 22
www.orange.com

Orange provides a range of fixed telephony and mobile telecommunications, data transmission, Internet and multimedia, and other value-added services to consumers, businesses, and other telecommunications operators under the Orange brand worldwide. Orange was founded in 1990 and is based in Paris, France.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 15 - - - - - 15
vol $3.1B $3.1B
Sell (0.0/yr) # 10 - - - - - 10
vol $24.9B $24.9B
  25

Most Recent M&A

Company Date Value Type
SUMA España 2019-11-19 - Divestiture
Madrid, Spain · sumamovil.es
SecureLink NV 2019-05-07 580M EUR Add-on Acquisition
Sliedrecht, Netherlands · www.securelink.net
SecureData Europe Ltd. 2019-02-01 - Add-on Acquisition
Maidstone, United Kingdom · www.secdata.com
Business & Decision Group 2017-05-18 - Add-on Acquisition
Paris, France · www.group.businessdecision.com
Cellcom Telecommunications, Inc. 2016-12-01 - Add-on Acquisition
Monrovia, Liberia · www.cellcomgsm.com
Telkom Kenya Ltd 2016-06-10 - Divestiture
Nairobi, Kenya
Fime SAS 2016-06-02 - Divestiture
Antony, France · www.fime.com
Cloudwatt S.A.S. 2015-03-20 - Add-on Acquisition
Paris, France · www.cloudwatt.com
EE Limited 2015-02-05 19.2B GBP Trade Sale
Hatfield, United Kingdom · www.ee.co.uk
Cityvox SAS 2014-10-28 - Divestiture
Paris, France · www.cityvox.fr
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Wanadoo SA 2004-09-30 Freeserve PLC 2011-01-11 1
Issy les Moulineaux, France , United Kingdom

M&A by Sector

Sector Buy # Value Sell # Value
Communications 6 (40%) 2.2B (70%) 5 (50%) 24.2B (97%)
Internet Software and Services 4 (27%) 748M (24%) 1 (10%) -
Information Technology 3 (20%) - 1 (10%) -
Diversified 1 (7%) 195M (6%) 1 (10%) -
Media - - 2 (20%) 749M (3%)
Business Services 1 (7%) - - -
Total 15 $3.1B 10 $24.9B

By Geo

State/Country Buy Value Sell Value
France 7 168M 4 -
United Kingdom 2 - 1 19.2B
Austria 1 1.6B 1 1.5B
Kenya 1 195M 1 -
Netherlands 1 580M 1 749M
Dominican Republic - - 1 1.4B
Liberia 1 - - -
Slovakia 1 628M - -
Spain 1 - - -
Switzerland - - 1 2.1B
Domestic 7 (47%) 168M (5%) 4 (40%) -
Cross-border 8 (53%) 3.0B (95%) 6 (60%) 24.9B (100%)
Total 15 $3.1B 10 $24.9B

Top M&A Advisors

Financial Deals
Perella Weinberg Partners
1
Lazard Ltd.
1

Deal Values

buy # Total
> $1B 1 $1.6B
$100M to $1B 4 $1.6B
TOTAL $3.1B
Largest Orange Austria Telecommunication GmbH
$1.6B (2007-06-21)
sell # Total
> $1B 4 $24.2B
$100M to $1B 1 $749M
TOTAL $24.9B
Largest EE Limited
$19.2B (2015-02-05)

M&A Connections

Deals
Acquired from
Investor(s)
33%
5 (33%)
Strategic(s)
7%
1 (7%)
Divested to
Investor(s)
50%
5 (50%)
Strategic(s)
40%
4 (40%)

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