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Delta Drone — M&A Activity 2018
Jan 3, 2018
1253_iss_2018-01-03_cdcb5202-dcbe-4710-b481-f31d09947ae8.pdf
M&A Activity
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Delta&Drone&strengthens&its&position&in&Africa& and&now&wholly&owns&Delta&Drone&Africa
Dardilly,)3 January 2018
Delta&Drone&announces&its&acquisition&on&29&December&2017 of&all&the&shares&in its&subsidiary&Delta& Drone& Africa,& in& which& it& has& previously& held& 50.1%& of& the& shares. The& purchase& of& the& remaining& shares&was&paid&for&in&Delta&Drone shares,&issued&to&Australe&Représentation,&which&was&the&original& shareholder&of Delta&Drone&Africa.
The&Group's&presence&in&southern&Africa&is&now&represented&by&a&head&company&and&two&operating& companies&as&follows:
- I Delta&Drone&South&Africa&is&responsible&for&coordinating&the&subsidiaries'&activities&within&the& area;
- I Rocketmine&is&in&charge&of&development&in&the&mining§or;
- I Delta& Drone& Africa is& responsible& for developing& the& Group's& other& target& sectors,& in& particular,&agriculture,&industrial&inspections&and&safety&& security.
Delta& Drone& South& Africa& is& now& led& by& Chris& Clark,& General& Manager,& who& will& also& remain& responsible&for Rocketmine&and&worldwide&brand&development&in&the&mining§or.&Vincent&Cadène,& who&is&in&charge&of&Delta&Drone's&international&development&and&the&coordinator&of&the&partnership& with&Bureau&Veritas&Afrique,&has&been&appointed&to&Delta&Drone&South&Africa's&Board&of&Directors.
Concerning& this& transaction,& Christian& Viguié,& CEO& of& Delta& Drone,&said, "In& view& of&the& enormous& potential& the& African&market& represents,& Delta& Drone& is& continuing&to& structure& its& organization. In& the&north,&we&have&Delta&Drone&Maroc,&at&the&gateway&to&the&continent, close&to&France&and&Europe.& In& the& west,& our& partnership& with& Bureau& Veritas& Afrique& gives& us& access& to& 13& countries& located& around& the& Gulf& of& Guinea& and& we& already& have& a& base& in Ghana& with& our& subsidiary& Rocketmine& Ghana.&In&the&south,&we&are&now&the&leading&company&in&the§or&of&civilian&drones&for&professional& use."
About Delta Drone: The Delta Drone Group is a renowned player in the field of civilian drones for professional use. It offers a complete service, from data acquisition to data processing through a specifically developed information system, including a supply of professional pilots. Delta Drone is currently present on three continents (Europe, North America, Africa) via subsidiaries. Delta Drone is listed on Euronext Growth Paris. ISIN code: FR0011522168. 4 166 666 BSA are also listed on Euronext Growth Paris. ISIN code: FR001329977. www.deltadrone.com
Contact:
Jérôme Gacoin 01 75 77 54 65 [email protected]