M&A Deal Summary

SES Acquires Ciel Satellite

On January 1, 2005, SES acquired communications company Ciel Satellite from OMERS Infrastructure

Acquisition Highlights
  • This is SES’s 2nd transaction in the Communications sector.
  • This is SES’s 1st transaction in Canada.
  • This is SES’s 1st transaction in Ontario.

M&A Deal Summary

Date 2005-01-01
Target Ciel Satellite
Sector Communications
Buyer(s) SES
Sellers(s) OMERS Infrastructure
Deal Type Add-on Acquisition

Target

Ciel Satellite

Ottawa, Ontario, Canada
The Ciel Satellite Group owns and operates the Ciel-2 DBS satellite at the 129° West Longitude position providing broadcast services throughout North America. Ciel is developing multiple new Canadian orbital positions to provide a choice of high quality video and Broadband services to commercial and government customers throughout the Americas. Ciel, through its shareholder SES, is part of the largest network of satellite operators in the world. Ciel works closely with its customers to find cost-effective solutions and anticipate future requirements. Ciel Satellite is based in Ottawa, Ontario.

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Buyer(S) 1

Buyer

SES

Betzdorf, Luxembourg

Category Company
Founded 1985
Sector Communications
Employees2,294
Revenue 2.0B EUR (2023)
DESCRIPTION

SES is a provider of satellite communications services to broadcasters, content and Internet service providers, mobile and fixed network operators, and business and governmental organizations worldwide. SES was founded in 1985 and is based in Betzdorf, Luxembourg.


DEAL STATS #
Overall 5 of 13
Sector (Communications) 2 of 7
Type (Add-on Acquisition) 3 of 10
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2005) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-01 Nahuelsat S.A.

Buenos Aires, Argentina

Nahuelsat S.A. is a provider of satellite communications services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-02-03 QuetzSat S.R.L. de C.V.

Mexico

QuetzSat, S.R.L. de C.V. is a operator of TV stations, publishing and corporate satellite networks.

Buy -

Seller(S) 1

SELLER

OMERS Infrastructure

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor


Category Infrastructure
Founded 1990
Size Mega
Type Sector Focused
DESCRIPTION

OMERS Infrastructure is the infrastructure investment arm of Canadian pension plan OMERS. OMERS targets 'large-scale' infrastructure investments valued in excess of $1 billion where the firm can commit at least $200 million of equity capital. Prospective opportunities generally possess significant governmental or regulatory barriers to entry, as well as stable cash-flows linked to long-term contracts. Specific areas of interest include energy (generation, transmission and distribution networks), transportation (transportation gateways, rail corridors, ports and airports), institutional facilities (hospitals, long-term care facilities and schools), and government-regulated services (laboratory diagnostic services, satellite and other communications networks and land registry services). OMERS was formed in 1990 and is based in Toronto.


DEAL STATS #
Overall 1 of 17
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 9
State (Ontario) 1 of 5
Country (Canada) 1 of 8
Year (2005) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-09-28 Ciel Satellite

Ottawa, Ontario, Canada

The Ciel Satellite Group owns and operates the Ciel-2 DBS satellite at the 129° West Longitude position providing broadcast services throughout North America. Ciel is developing multiple new Canadian orbital positions to provide a choice of high quality video and Broadband services to commercial and government customers throughout the Americas. Ciel, through its shareholder SES, is part of the largest network of satellite operators in the world. Ciel works closely with its customers to find cost-effective solutions and anticipate future requirements. Ciel Satellite is based in Ottawa, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-06-01 SGN

Horley, United Kingdom

SGN is a gas distribution company and provides natural gas to 5.7 million customers in Scotland and the south and southeast of England. SGN operates regulated gas distribution networks in England, Wales, and Scotland, under a license from Ofgem to distribute gas through their infrastructure network. SGN was founded in 2005 and is based in Horley, United Kingdom.

Buy -