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International

BUREN advises CS Group

BUREN, together with Fides Partners, assisted French listed CS Group S.A. (buyer) in the envisaged acquisition of shares in HE Space Holding B.V. from Millican Management B.V.

CS Group initially known as CS Communication & Systèmes, is a French information-technology service company listed on the Paris Bourse as a member of the CAC Small index. The company designs information systems, develops and integrates software; manages projects and deploys industrial applications and provides science, technology and consulting services. CS Group is the French leader in air traffic control, the third biggest supplier of traffic-management systems in the world and provides information technology consulting services.

The company's headquarters is in Paris, with 12 other locations throughout France. Regional headquarters or subsidiaries are in Germany, Romania, Canada, the United Arab Emirates, India, and the United States. CS Group has nearly 2,000 employees.

HE Space is a leading space engineering specialist with a long heritage and track record in the space industry and ranked as Best Supplier to ESA. Since its foundation, HE Space has had a consistent and steady growth both in size and reputation, resulting in a strong client base and several long-standing frame contracts with the largest space companies and institutes.

Read the press release for more information:

https://www.csgroup.eu/en/news/vision-2024-plan/

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Susanna Tang

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