SAFRAN acquires OROLIA
Paris (France), 11th July 2022
Safran finalized the acquisition of Orolia, one of the world leaders in the Resilient PNT (Positioning – Navigation – Timing) value-chain with full system capabilities, and a provider of PNT equipment, simulation and test solutions. Orolia is also providing emergency locator beacons for commercial aviation and military applications.
Orolia generated revenues in excess of EUR 100 million in 2021 and has approximately 435 employees with facilities in France, The United States, Switzerland, Spain and Canada.
FDC advised Safran in this deal, which represents a unique opportunity for Safran and Orolia to extend their Resilient PNT solutions, through their remarkable complementarities. With this addition, Safran will be able to build a world-leading position in all aspects of PNT, inertial navigation, time and GNSS receivers and simulators, covering aerospace, governmental and high integrity applications.
This transaction is an example of FDC’s deep knowledge of the Electronics, High Tech, Defense and Space sectors, and demonstrates its ability to accompany large corporates in their strategic acquisitions.
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