Morais Leitão guides NOS in €152M Claranet acquisition
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12 Articles
Nos reached an agreement to buy Claranet Portugal for 152 million, announced the company led by Miguel Almeida.
The conclusion of the agreement, which values Claranet Portugal at 9.9 times its EBITDA, is still subject to non-opposition from the Competition Authority.
Morais Leitão guides NOS in €152M Claranet acquisition
Morais Leitão advised NOS on the agreement to acquire 100% of the share capital of Claranet Portugal, a leading technology company specializing in the modernization and management of critical applications and infrastructure, for €152 million. The completion of the transaction is subject to approval by the Competition Authority. The multidisciplinary team from Morais Leitão was led by partners Jorge Simões Cortez and Gonçalo Fleming (both picture…
In a statement, the telecommunications group says “NOS and the Claranet group today signed an agreement for the acquisition, by NOS, of 100% of the share capital of Claranet Portugal, for the amount of 152 million euros”. Claranet has been present in the Portuguese market since 2005 and “has established itself as a leading company in technological services”. In fiscal year 2024, Claranet's total revenues “amounted to 205 million euros, driven by…
However, Claranet Portugal, with more than 900 employees, will maintain its independent operation. NOS has just signed an agreement to acquire the entire capital of Claranet Portugal, in a deal valued at 152 million euros. In the last fiscal year, Claranet recorded revenue of 205 million euros, with an EBITDA of 15.4 million euros, reflecting the continued growth of its activity in the sector. With this acquisition, NOS reinforces its position i…
Claranet Portugal has more than 900 employees and “will continue to operate autonomously, preserving its identity, management, teams and solid customer base, factors that have driven its success over the past 10 years”.
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