Regulatory Filings • Apr 11, 2011
Regulatory Filings
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Paris, 11 April 2011
Hub telecom, a wholly owned subsidiary of Aéroports de Paris, has announced the sale of Masternaut International to Francisco Partners, a global technology investment fund, which is the shareholder of the Cybit Group. The transaction concerns the Masternaut Group in particular Masternaut France, Masternaut UK, and Softrack.
Once the deal has been completed, Masternaut and Cybit will be combined and will represent a leader in the European telematics market.
"This combination is a great opportunity for Masternaut and Cybit to strengthen their position as the pan European expert in on-demand Mobile Resource Management services, with an installed base of more than 180,000 subscribers" says Bill Henry, the new Masternaut Group CEO.
The disposal of Masternaut group will enable Hub telecom to focus on its two traditional activities – telecoms and traceability & mobility – by providing increased resources for development. The company is maintaining its ambitious growth and profitability targets for 2011.
To Jean Verdier, chairman of Hub telecom: "This is a new phase of expansion for Hub telecom, which will enable to consolidate its position as a telecom operator and integrator of added-value solutions for business mobility and traceability. Therefore the company will have the means to accelerate its development."
Hub telecom, a subsidiary of Aéroports de Paris, comprises Hub telecom, a telecom operator in B2B, and Hub telecom region, one of the leaders in France in tracking & tracing services of goods and merchandise. The company has a strong expertise in the three fields of telecommunications, traceability and mobility, and is uniquely placed as the benchmark in the telecom and professional mobility market. Besides operating in most airports in France and certain specialist high density sites (the exhibition park at the Porte de Versailles (Paris), the port of Calais etc.). Hub telecom and its subsidiary Hub telecom region can rely on a network of 6 regional agencies in France and meet the specific needs of almost 2,300 companies and key accounts in the areas of airport, logistic and mass marketing.
For more information, visit our website at www.hubtelecom.com
The Cybit Group is wholly-owned by the global technology investment firm, Francisco Partners. Cybit, founded in 1999, is a pan-European telematics success story with operations in the United Kingdom, Nordics and DACH geographies. Cybit has previously led five major acquisitions, seeking to consolidate a highly fragmented European telematics market. Cybit's business objective is to design and deliver innovative solutions that enable our customers and partners to achieve evolutionary step-changes in their performance and service delivery. The product portfolio includes driver behaviour solutions that are leading the field in the provision of safer, costeffective and more sustainable fleet management services. These products are a fundamental component of Cybit's telematics-based software, services, modules and applications that are utilised to solve business-wide problems.
For more information, visit our website at www.cybit.co.uk
Aéroports de Paris builds, develops and manages airports including Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget. With 83.4 million passengers handled in 2010, Aéroports de Paris is Europe's second-largest airport group in terms of airport passenger traffic and the European leader for freight and mail. With an exceptional geographic location and a major catchment area, the Group is pursuing its strategy of adapting and modernizing its terminal facilities and upgrading quality of services, and also intends to develop its retail and real estate business. In 2010, the group revenue stood at 2,739 million euros and the net income at 300 million euros. For more information, visit our website at www.aeroportsdeparis.fr
Hub télécom Olivia Guiomar +33 1 70 03 93 42 [email protected]
Aéroports de Paris Press Christine d'Argentré: + 33 1 43 35 70 70 Investor relations Florence Dalon: + 33 1 43 35 70 58 [email protected]
FD Communication Franck David +33 1 43 41 65 59 / +33 6 71 11 75 94 [email protected]
Cybit Ann Hoare Assistant to the CEO +44 (0) 1480 443912 [email protected]
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