M&A Deal Summary

Orange Acquires Suma Móvil Spain

On November 19, 2019, Orange acquired communications company Suma Móvil Spain from Grupo Ingenium

Acquisition Highlights
  • This is Orange’s 6th transaction in the Communications sector.
  • This is Orange’s 1st transaction in Spain.

M&A Deal Summary

Date 2019-11-19
Target Suma Móvil Spain
Sector Communications
Buyer(s) Orange
Sellers(s) Grupo Ingenium
Deal Type Divestiture

Target

Suma Móvil Spain

Madrid, Spain
SUMA España offers service as a mobile services platform. SUMA España was founded in 2012 and is based in Madrid, Spain.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Orange

Issy-les-Moulineaux, France

Category Company
Founded 1990
Sector Communications
Employees126,909
Revenue 40.3B EUR (2024)
DESCRIPTION
Orange retail store in central Barcelona, Spain.
Orange retail store in central Barcelona, Spain.

Orange provides a range of fixed telephony and mobile telecommunications, data transmission, Internet, 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.


DEAL STATS #
Overall 15 of 15
Sector: Communications M&A 6 of 6
Type: Divestiture M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2019 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-07 SecureLink NV

Sliedrecht, Netherlands

SecureLink NV is one of the largest independent cybersecurity services providers in Europe, with on-the-ground presences in Sweden, Belgium, the Netherlands, the UK, Germany, Denmark and Norway. Founded in 2003, SecureLink provides a full range of cybersecurity services to support its clients. Its offering includes specialized security consulting, security maintenance and support with 24/7 service desks (SOCs) as well as advanced managed detection and response capabilities (MDR).

Buy €515M

Seller(S) 1

SELLER

Grupo Ingenium

Madrid, Spain

Category Company
Founded 2010
Sector Communications
DESCRIPTION

Grupo Ingenium is a technology-based service provider of technical infrastructure and business solutions for the telecom industry, mainly Mobile Virtual Network Operators (“MVNOs”), through the provision of the technical infrastructure and related services to MVNOs (“MVNE”) wholesale of carrier’s voice and data, as a complement to the technical platform (“MVNA”); and secured and encrypted Machine-to-Machine (“M2M” or “IoT”) communication network services to B2B clients. Grupo Ingenium was founded in 2010 and is based in Madrid, Spain.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2019 M&A 1 of 1