M&A Deal Summary

Mobile Telecommunications Acquires Celtel International B.V.

On March 29, 2005, Mobile Telecommunications acquired communications company Celtel International B.V. from Actis Capital for 2.8B USD

Acquisition Highlights
  • This is Mobile Telecommunications’ 2nd transaction in the Communications sector.
  • This is Mobile Telecommunications’ largest (disclosed) transaction.
  • This is Mobile Telecommunications’ 1st transaction in Gabon.

M&A Deal Summary
Date 2005-03-29
Target Celtel International B.V.
Sector Communications
Buyer(s) Mobile Telecommunications
Sellers(s) Actis Capital
Deal Type Add-on Acquisition
Deal Value 2.8B USD

Target

Celtel International B.V.

Libreville, Gabon
Celtel International B.V. builds and operates world class communications networks that deliver reliable and competitive services in Africa.

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Buyer(S) 1

Buyer

Mobile Telecommunications

Riyadh, Saudi Arabia
Category Company
Founded 1983
Sector Communications
Employees6,000
DESCRIPTION

Mobile Telecommunications Company based in Saudi Arabia is headquartered in Riyadh, the Kingdom of Saudi Arabia. It provides mobile telecommunication services in the Kingdom of Saudi Arabia.

DEAL STATS #
Overall 2 of 2
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 2 of 2
Country (Gabon) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-12-01 Jordan Mobile Telephone Services JMTS

Amman, Jordan

Founded in 1995, Zain in Jordan was the first operator to introduce mobile phone services into the country.

Buy -

Seller(S) 1

SELLER

Actis Capital

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2004
PE ASSETS 24.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Actis Capital is a private equity firm focused on investments in emerging markets. Actis segments its investment activity into three areas. These include private equity, energy, and real estate. Actis' private equity team looks for buyout and growth capital opportunities requiring at least $50 million in financing. Depending on the situation, Actis will consider both controlling and minority investment situations. Sectors of interest include financial services, consumer and retail, business services, and industrial. Actis' energy group seeks to invest in in a variety of energy and utility projects. Actis' real estate team invests equity capital in office, residential, industrial, hotel and retail projects. Actis Capital was established in 2004 and is based in London.

DEAL STATS #
Overall 4 of 81
Sector (Communications) 1 of 4
Type (Add-on Acquisition) 2 of 41
Country (Gabon) 1 of 1
Year (2005) 1 of 2
Size (of disclosed) 1 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-01 Savcio Holdings

Bedfordview, South Africa

SAVCIO is the largest privately-owned provider of maintenance and repair services for rotating electrical equipment and transformers in Africa.

Buy R1.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-04-01 TEMA India

Mumbai, India

TEMA India designs and manufactures high pressure heat exchangers used in oil & gas, refinery, chemicals, fertiliser and power industries. TEMA India is based in Mumbai, India.

Buy -
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